Short Interest in Nauticus Robotics, Inc. (NASDAQ:KITTW) Declines By 85.0%

Nauticus Robotics, Inc. (NASDAQ:KITTW) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 15,052 shares, a decline of 85.0% from the July 15th total of 100,625 shares. Based on an average daily volume of 120,498 shares, the short-interest ratio is presently 0.1 days.

Nauticus Robotics Price Performance

Nauticus Robotics stock remained flat at $0.01 during mid-day trading on Thursday. 179,372 shares of the company’s stock were exchanged, compared to its average volume of 83,456. The company has a fifty day moving average of $0.02 and a two-hundred day moving average of $0.04. Nauticus Robotics has a 1 year low of $0.01 and a 1 year high of $0.15.

About Nauticus Robotics

Nauticus Robotics, Inc is a marine technology company focused on the development and deployment of autonomous and remotely operated underwater vehicles. The company’s mission centers on transforming offshore operations through robotics-as-a-service, reducing reliance on traditional vessels and divers for subsea inspection, maintenance and repair. By leveraging advanced engineering, artificial intelligence and proprietary control software, Nauticus delivers scalable solutions that improve safety, efficiency and environmental stewardship in offshore energy, defense and scientific research applications.

The company’s flagship platforms include the Aquanaut autonomous hybrid vehicle and the Hydro-Mapper autonomous surface vessel.