Satellogic Inc. (NASDAQ:SATLW – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 11,759 shares, an increase of 81.4% from the July 15th total of 6,483 shares. Based on an average daily volume of 12,443 shares, the days-to-cover ratio is presently 0.9 days.
Satellogic Stock Performance
NASDAQ SATLW traded down $0.16 during trading on Friday, hitting $0.77. The company’s stock had a trading volume of 74,002 shares, compared to its average volume of 73,768. Satellogic has a 52 week low of $0.08 and a 52 week high of $5.00. The firm has a 50 day moving average price of $0.93 and a 200 day moving average price of $1.36.
About Satellogic
Satellogic is a New York–listed geospatial analytics company specializing in the design, manufacture and operation of Earth observation satellites. Leveraging a proprietary high-resolution imaging platform, the company provides frequent revisit imagery and analytics to support applications in agriculture, forestry, infrastructure monitoring, and defense. Satellogic’s vertically integrated approach encompasses satellite development, ground station operations and data processing to deliver actionable insights to commercial and government clients.
Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic has pursued an ambitious plan to build a large constellation of small, cost-effective satellites.
Featured Stories
- Five stocks we like better than Satellogic
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
- Microsoft’s Maia 300 Chip Targets NVIDIA’s AI Dominance
- 3 Unexpected ETFs Crushing the Market This Summer
Receive News & Ratings for Satellogic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Satellogic and related companies with MarketBeat.com's FREE daily email newsletter.
