Short Interest in Nukkleus Inc. (NASDAQ:NUKK) Rises By 54.5%

Nukkleus Inc. (NASDAQ:NUKK) saw a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 280,800 shares, an increase of 54.5% from the February 13th total of 181,800 shares. Approximately 6.9% of the company’s shares are short sold. Based on an average daily volume of 4,510,000 shares, the days-to-cover ratio is currently 0.1 days.

Nukkleus Stock Up 3.4 %

Shares of Nukkleus stock traded up $0.48 during trading on Monday, reaching $14.63. 82,774 shares of the company were exchanged, compared to its average volume of 780,474. The business has a 50-day moving average price of $19.64 and a 200-day moving average price of $11.66. Nukkleus has a twelve month low of $1.30 and a twelve month high of $78.32.

Nukkleus Company Profile

Nukkleus Inc, a financial technology company, provides blockchain-enabled technology solutions worldwide. It focuses on providing software and technology solutions for retail foreign exchange trading industry. The company provides transactions platform for dealing and risk management services. It also offers cross-border payment and transactions solutions and blockchain-enabled financial services solutions to institutional investors.