Satellogic Inc. (NASDAQ:SATLW – Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 9,125 shares, an increase of 670.0% from the September 30th total of 1,185 shares. Based on an average daily volume of 16,643 shares, the days-to-cover ratio is currently 0.5 days.
Satellogic Trading Down 3.2%
SATLW stock traded down $0.00 during mid-day trading on Thursday, reaching $0.10. 52,147 shares of the stock traded hands, compared to its average volume of 60,596. Satellogic has a one year low of $0.08 and a one year high of $5.00. The business has a 50-day moving average price of $0.42 and a two-hundred day moving average price of $1.07.
About Satellogic
Satellogic Inc is a satellite imaging and geospatial intelligence company that develops and operates a constellation of Earth-observation satellites. The company provides high-resolution imagery and data designed to help customers monitor changes on the planet more frequently and support decision-making across commercial, governmental and scientific applications.
Its offerings include satellite imagery, geospatial data and analytics services for areas such as agriculture, energy, infrastructure, environmental monitoring, maritime activity and defense.
Further Reading
- Five stocks we like better than Satellogic
- Alphabet’s Cloud Is Paying Off—But the Bill for Building It Keeps Growing
- Why Meta Platform’s $100 Billion Financing Plan Is A Boon for Chip Giant Broadcom
- Enphase Energy’s Solar Slump Raises a Question About Its AI Data Center Ambitions
- 1 Frozen Housing Market, 2 Very Different Earnings Stories
Receive News & Ratings for Satellogic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Satellogic and related companies with MarketBeat.com's FREE daily email newsletter.
