Short Interest in Nauticus Robotics, Inc. (NASDAQ:KITTW) Grows By 1,012.5%

Nauticus Robotics, Inc. (NASDAQ:KITTW) was the target of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 8,900 shares, an increase of 1,012.5% from the February 13th total of 800 shares. Based on an average daily trading volume, of 422,000 shares, the days-to-cover ratio is currently 0.0 days.

Nauticus Robotics Price Performance

Shares of KITTW traded up $0.00 during mid-day trading on Wednesday, hitting $0.09. 10,674 shares of the company’s stock traded hands, compared to its average volume of 393,229. The business’s 50-day moving average price is $0.09 and its 200-day moving average price is $0.04. Nauticus Robotics has a 1 year low of $0.01 and a 1 year high of $0.27.

About Nauticus Robotics

Nauticus Robotics, Inc develops ocean robots, cloud software, and services to the ocean industry. The company offers Aquanaut, an autonomous underwater vehicle with sensor suite, which provides capability to observe and inspect subsea assets or other subsea features; Olympic Arm, an all-electric manipulator designed for a variety of intervention tasks on work class remotely operated vehicles; and ToolKITT, a software platform, which consists of interrelated products for ocean sensing, manipulation, autonomous behaviors, survey, search and recovery, and manual intervention.