Nauticus Robotics, Inc. (NASDAQ:KITTW) Sees Large Drop in Short Interest

Nauticus Robotics, Inc. (NASDAQ:KITTWGet Free Report) saw a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 14 shares, a decline of 99.9% from the July 30th total of 15,052 shares. Based on an average daily trading volume, of 91,655 shares, the days-to-cover ratio is presently 0.0 days.

Nauticus Robotics Trading Down 13.1%

KITTW opened at $0.01 on Wednesday. Nauticus Robotics has a 1-year low of $0.01 and a 1-year high of $0.15. The firm’s 50 day simple moving average is $0.02 and its two-hundred day simple moving average is $0.04.

Nauticus Robotics Company Profile

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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.

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