Nauticus Robotics, Inc. (NASDAQ:KITTW – Get Free Report) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 43,035 shares, a growth of 76.3% from the April 30th total of 24,412 shares. Based on an average daily trading volume, of 89,699 shares, the short-interest ratio is currently 0.5 days.
Nauticus Robotics Trading Up 4.4%
NASDAQ:KITTW opened at $0.03 on Thursday. Nauticus Robotics has a 12 month low of $0.02 and a 12 month high of $0.15. The business’s 50-day moving average is $0.04 and its 200 day moving average is $0.06.
About Nauticus Robotics
Nauticus Robotics, Inc is a marine technology company focused on the development and deployment of autonomous and remotely operated underwater vehicles. The company’s mission centers on transforming offshore operations through robotics-as-a-service, reducing reliance on traditional vessels and divers for subsea inspection, maintenance and repair. By leveraging advanced engineering, artificial intelligence and proprietary control software, Nauticus delivers scalable solutions that improve safety, efficiency and environmental stewardship in offshore energy, defense and scientific research applications.
The company’s flagship platforms include the Aquanaut autonomous hybrid vehicle and the Hydro-Mapper autonomous surface vessel.
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