Nauticus Robotics, Inc. (NASDAQ:KITTW) Short Interest Down 99.9% in August

Nauticus Robotics, Inc. (NASDAQ:KITTW) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 14 shares, a drop of 99.9% from the July 30th total of 15,052 shares. Based on an average daily trading volume, of 91,655 shares, the days-to-cover ratio is presently 0.0 days.

Nauticus Robotics Trading Down 13.1%

NASDAQ:KITTW traded down $0.00 during trading hours on Tuesday, reaching $0.01. 31,462 shares of the stock were exchanged, compared to its average volume of 81,294. The firm has a 50 day moving average of $0.02 and a 200 day moving average of $0.04. Nauticus Robotics has a twelve month low of $0.01 and a twelve month high of $0.15.

Nauticus Robotics Company Profile

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.