Satellogic Inc. (NASDAQ:SATLW) Sees Significant Drop in Short Interest

Satellogic Inc. (NASDAQ:SATLW) saw a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 8,500 shares, a decline of 29.2% from the March 31st total of 12,000 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is presently 9.4 days.

Satellogic Price Performance

NASDAQ SATLW remained flat at $0.12 on Friday. The company has a fifty day moving average of $0.12 and a 200-day moving average of $0.12. Satellogic has a 1-year low of $0.05 and a 1-year high of $0.24.

About Satellogic

Satellogic Inc operates as an integrated geospatial company in the Asia Pacific, North America, and internationally. It engages in tasking satellites with monitoring assets and keeping up with their changing reality for government and commercial customers; control satellites on top of specific areas of interest for governments; and sale and support satellites.