Sidus Space, Inc. (NASDAQ:SIDU) Short Interest Update

Sidus Space, Inc. (NASDAQ:SIDU) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 505,000 shares, a growth of 74.5% from the October 15th total of 289,400 shares. Based on an average daily volume of 459,800 shares, the short-interest ratio is currently 1.1 days. Approximately 13.5% of the shares of the stock are sold short.

Sidus Space Stock Performance

NASDAQ SIDU traded down $1.03 during mid-day trading on Wednesday, hitting $1.22. The stock had a trading volume of 4,076,770 shares, compared to its average volume of 608,299. The company has a 50 day simple moving average of $2.59 and a 200 day simple moving average of $2.75. Sidus Space has a 52-week low of $1.20 and a 52-week high of $18.85.

Sidus Space (NASDAQ:SIDU) last issued its earnings results on Monday, August 19th. The company reported ($0.99) earnings per share for the quarter. Sidus Space had a negative net margin of 355.98% and a negative return on equity of 133.67%. The firm had revenue of $0.93 million during the quarter.

Institutional Trading of Sidus Space

A hedge fund recently bought a new stake in Sidus Space stock. AWM Investment Company Inc. bought a new stake in Sidus Space, Inc. (NASDAQ:SIDU) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 200,000 shares of the company’s stock, valued at approximately $678,000. AWM Investment Company Inc. owned 4.78% of Sidus Space as of its most recent SEC filing. 17.91% of the stock is currently owned by hedge funds and other institutional investors.

Sidus Space Company Profile

Sidus Space, Inc, a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its space services include satellite/space hardware manufacturing; Low Earth Orbit (LEO) launch and deployment services; and space-based geospatial intel, imagery, and data analytics.