Nauticus Robotics, Inc. (NASDAQ:KITTW) Stock Short Interest Drops 93.5%

Nauticus Robotics, Inc. (NASDAQ:KITTW) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 27 shares, a decrease of 93.5% from the September 15th total of 418 shares. Based on an average daily trading volume, of 48,010 shares, the days-to-cover ratio is presently 0.0 days.

Nauticus Robotics Stock Performance

Shares of NASDAQ KITTW remained flat at $0.01 during midday trading on Friday. The stock had a trading volume of 23,157 shares, compared to its average volume of 76,902. Nauticus Robotics has a one year low of $0.01 and a one year high of $0.15. The stock has a fifty day simple moving average of $0.01 and a 200-day simple moving average of $0.02.

About Nauticus Robotics

Nauticus Robotics, Inc is a Houston-based developer of autonomous robotics and software for subsea operations. The company designs technologies intended to perform underwater inspection, maintenance, intervention and data-collection tasks with reduced reliance on traditional crewed vessels and divers.

Its product portfolio includes Aquanaut, an autonomous subsea vehicle designed to travel to offshore assets and conduct inspection or intervention work; Hydronaut, an uncrewed surface support vessel; and ToolKITT, a software platform that provides autonomy, vehicle control and mission-management capabilities.