Nauticus Robotics, Inc. (NASDAQ:KITTW – Get Free Report) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 151,763 shares, an increase of 252.7% from the May 14th total of 43,035 shares. Based on an average daily volume of 61,531 shares, the days-to-cover ratio is presently 2.5 days.
Nauticus Robotics Trading Down 3.9%
KITTW traded down $0.00 during trading on Friday, hitting $0.03. The company had a trading volume of 44,207 shares, compared to its average volume of 80,666. Nauticus Robotics has a one year low of $0.02 and a one year high of $0.15. The firm’s 50-day moving average price is $0.03 and its 200 day moving average price 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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