Short Interest in Nukkleus Inc. (NASDAQ:NUKK) Rises By 54.5%

Nukkleus Inc. (NASDAQ:NUKK) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 280,800 shares, an increase of 54.5% from the February 13th total of 181,800 shares. Based on an average trading volume of 4,510,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 6.9% of the company’s shares are sold short.

Nukkleus Stock Up 1.9 %

Nukkleus stock traded up $0.27 during trading on Friday, hitting $14.15. The company had a trading volume of 129,826 shares, compared to its average volume of 794,754. Nukkleus has a 1-year low of $1.30 and a 1-year high of $78.32. The company’s 50 day simple moving average is $19.64 and its 200-day simple moving average is $11.59.

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.