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

Nauticus Robotics, Inc. (NASDAQ:KITTW) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 151,763 shares, a growth of 252.7% from the May 14th total of 43,035 shares. Based on an average daily volume of 61,531 shares, the days-to-cover ratio is currently 2.5 days.

Nauticus Robotics Stock Performance

KITTW stock traded down $0.00 during mid-day trading on Thursday, reaching $0.03. 234,887 shares of the company’s stock were exchanged, compared to its average volume of 81,128. The stock’s 50 day moving average is $0.03 and its 200 day moving average is $0.06. Nauticus Robotics has a 12-month low of $0.02 and a 12-month high of $0.15.

About Nauticus Robotics

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.