Nauticus Robotics, Inc. (NASDAQ:KITTW) Sees Significant Drop in Short Interest

Nauticus Robotics, Inc. (NASDAQ:KITTW) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 42,700 shares, a decrease of 8.8% from the December 31st total of 46,800 shares. Based on an average daily volume of 324,100 shares, the days-to-cover ratio is currently 0.1 days.

Nauticus Robotics Stock Up 0.7 %

KITTW stock traded up $0.00 during midday trading on Monday, hitting $0.08. The company’s stock had a trading volume of 141,847 shares, compared to its average volume of 751,221. The company’s fifty day moving average price is $0.06 and its 200 day moving average price is $0.03. Nauticus Robotics has a twelve month low of $0.01 and a twelve month 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.