Short Interest in Nauticus Robotics, Inc. (NASDAQ:KITTW) Declines By 8.8%

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

Nauticus Robotics Stock Down 14.2 %

KITTW opened at $0.13 on Friday. The stock has a 50-day moving average price of $0.05 and a 200-day moving average price of $0.03. Nauticus Robotics has a 1 year low of $0.01 and a 1 year high of $0.27.

Nauticus Robotics Company Profile

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.