Nauticus Robotics, Inc. (NASDAQ:KITTW) Short Interest Up 17,542.9% in August

Nauticus Robotics, Inc. (NASDAQ:KITTW) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 2,470 shares, a growth of 17,542.9% from the August 15th total of 14 shares. Based on an average daily volume of 30,934 shares, the short-interest ratio is currently 0.1 days.

Nauticus Robotics Stock Down 9.0%

Shares of NASDAQ:KITTW traded down $0.00 during trading hours on Thursday, hitting $0.01. 21,539 shares of the company’s stock traded hands, compared to its average volume of 78,444. The business has a fifty day moving average price of $0.01 and a 200-day moving average price of $0.03. Nauticus Robotics has a 1 year low of $0.01 and a 1 year 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.