Satellogic Inc. (NASDAQ:SATLW) Stock Short Interest Report for September

Satellogic Inc. (NASDAQ:SATLW) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,185 shares, a decrease of 74.4% from the September 15th total of 4,627 shares. Based on an average trading volume of 28,830 shares, the short-interest ratio is currently 0.0 days.

Satellogic Price Performance

Shares of SATLW stock traded down $0.03 during trading hours on Monday, hitting $0.27. 38,617 shares of the company’s stock were exchanged, compared to its average volume of 62,343. The stock’s 50-day moving average is $0.58 and its 200-day moving average is $1.27. Satellogic has a 52 week low of $0.08 and a 52 week high of $5.00.

Satellogic Company Profile

Satellogic Inc is an Earth-observation company that operates a constellation of small satellites designed to collect high-resolution, multispectral imagery of the planet. The company’s data is intended to support monitoring and analysis of land, infrastructure, natural resources, agriculture, energy, and other activities that change over time.

Satellogic provides satellite imagery, satellite tasking, and geospatial data products through its platform. Its services are aimed at government and commercial customers seeking frequent, data-driven views of locations around the world for applications such as environmental monitoring, supply-chain analysis, urban planning, and national security.

Founded in 2010 by Argentine entrepreneur Emiliano Kargieman, Satellogic has developed an international operating presence and serves customers across multiple geographic markets.