Nauticus Robotics, Inc. (NASDAQ:KITTW) Short Interest Update

Nauticus Robotics, Inc. (NASDAQ:KITTW) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 43,035 shares, an increase of 76.3% from the April 30th total of 24,412 shares. Based on an average daily volume of 89,699 shares, the short-interest ratio is presently 0.5 days.

Nauticus Robotics Stock Performance

Shares of KITTW stock traded up $0.00 on Tuesday, reaching $0.03. 91,273 shares of the stock were exchanged, compared to its average volume of 79,974. The business’s 50 day moving average price is $0.04 and its 200 day moving average price is $0.06. Nauticus Robotics has a twelve month low of $0.02 and a twelve month high of $0.15.

Nauticus Robotics Company Profile

Nauticus Robotics, Inc is a marine technology company focused on the development and deployment of autonomous and remotely operated underwater vehicles. The company’s mission centers on transforming offshore operations through robotics-as-a-service, reducing reliance on traditional vessels and divers for subsea inspection, maintenance and repair. By leveraging advanced engineering, artificial intelligence and proprietary control software, Nauticus delivers scalable solutions that improve safety, efficiency and environmental stewardship in offshore energy, defense and scientific research applications.

The company’s flagship platforms include the Aquanaut autonomous hybrid vehicle and the Hydro-Mapper autonomous surface vessel.