Nauticus Robotics, Inc. (NASDAQ:KITTW) Sees Significant Decline in Short Interest

Nauticus Robotics, Inc. (NASDAQ:KITTW) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 5,800 shares, a decline of 34.8% from the February 28th total of 8,900 shares. Based on an average daily trading volume, of 411,900 shares, the short-interest ratio is currently 0.0 days.

Nauticus Robotics Price Performance

NASDAQ:KITTW traded up $0.01 during trading hours on Friday, hitting $0.07. 24,533 shares of the stock traded hands, compared to its average volume of 219,639. Nauticus Robotics has a 1 year low of $0.01 and a 1 year high of $0.27. The stock has a 50 day moving average price of $0.08 and a 200 day moving average price of $0.05.

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.