Short Interest in Momentus Inc. (NASDAQ:MNTSW) Decreases By 13.2%

Momentus Inc. (NASDAQ:MNTSW) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 36,700 shares, a decline of 13.2% from the June 15th total of 42,300 shares. Based on an average daily trading volume, of 79,300 shares, the short-interest ratio is currently 0.5 days.

Momentus Price Performance

NASDAQ:MNTSW traded up $0.00 on Tuesday, hitting $0.01. The company’s stock had a trading volume of 55,822 shares, compared to its average volume of 70,254. Momentus has a one year low of $0.00 and a one year high of $0.05. The stock has a fifty day moving average of $0.01 and a two-hundred day moving average of $0.01.

About Momentus

Momentus Inc, together with its subsidiaries, operates as a commercial space company. The company focuses on providing in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators. The company is headquartered in San Jose, California.