Nauticus Robotics, Inc. (NASDAQ:KITTW) Short Interest Update

Nauticus Robotics, Inc. (NASDAQ:KITTW) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 2,470 shares, an increase of 17,542.9% from the August 15th total of 14 shares. Based on an average trading volume of 30,934 shares, the days-to-cover ratio is presently 0.1 days.

Nauticus Robotics Trading Down 9.0%

Shares of Nauticus Robotics stock traded down $0.00 on Thursday, hitting $0.01. The company had a trading volume of 21,539 shares, compared to its average volume of 78,444. The business has a 50-day simple moving average of $0.01 and a 200-day simple moving average of $0.03. Nauticus Robotics has a 52 week low of $0.01 and a 52 week 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.