Short Interest in Nukkleus Inc. (NASDAQ:NUKK) Expands By 490.1%

Nukkleus Inc. (NASDAQ:NUKK) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 190,000 shares, a growth of 490.1% from the December 15th total of 32,200 shares. Based on an average trading volume of 4,280,000 shares, the days-to-cover ratio is presently 0.0 days.

Nukkleus Trading Down 16.5 %

Shares of NUKK stock traded down $3.11 on Monday, hitting $15.73. The company had a trading volume of 425,587 shares, compared to its average volume of 539,900. Nukkleus has a twelve month low of $1.30 and a twelve month high of $78.32. The stock’s 50-day moving average is $13.95 and its two-hundred day moving average is $6.51.

Insider Transactions at Nukkleus

In other news, CEO Anastasiia Kotaieva acquired 319,952 shares of the stock in a transaction dated Friday, November 8th. The stock was bought at an average price of $2.41 per share, with a total value of $771,084.32. Following the completion of the purchase, the chief executive officer now directly owns 319,952 shares of the company’s stock, valued at $771,084.32. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 14.90% of the company’s stock.

About Nukkleus

Nukkleus Inc, a financial technology company, provides blockchain-enabled technology solutions worldwide. It focuses on providing software and technology solutions for retail foreign exchange trading industry. The company provides transactions platform for dealing and risk management services. It also offers cross-border payment and transactions solutions and blockchain-enabled financial services solutions to institutional investors.