Short Interest in Nukkleus Inc. (NASDAQ:NUKK) Decreases By 84.6%

Nukkleus Inc. (NASDAQ:NUKK) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 103,400 shares, a drop of 84.6% from the September 30th total of 671,500 shares. Based on an average daily volume of 322,400 shares, the days-to-cover ratio is presently 0.3 days.

Nukkleus Stock Performance

Shares of NUKK stock traded up $0.07 during mid-day trading on Friday, hitting $2.60. 642,363 shares of the stock were exchanged, compared to its average volume of 223,065. The stock’s fifty day simple moving average is $2.23 and its two-hundred day simple moving average is $4.13. Nukkleus has a 12-month low of $0.82 and a 12-month high of $110.64.

Nukkleus (NASDAQ:NUKK) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($1.36) earnings per share (EPS) for the quarter. The business had revenue of $0.26 million during the quarter.

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.