Momentus Inc. (NASDAQ:MNTSW) Sees Significant Decrease in Short Interest

Momentus Inc. (NASDAQ:MNTSW) was the target of a large decline in short interest in November. As of November 15th, there was short interest totalling 3,700 shares, a decline of 15.9% from the October 31st total of 4,400 shares. Based on an average daily trading volume, of 175,300 shares, the days-to-cover ratio is currently 0.0 days.

Momentus Price Performance

Shares of MNTSW stock opened at $0.01 on Friday. The stock’s fifty day simple moving average is $0.01 and its 200 day simple moving average is $0.01. Momentus has a one year low of $0.00 and a one year high of $0.04.

Momentus Company Profile

Momentus Inc operates as a commercial space company. The company offers satellites, satellite buses, and other satellite technologies; and in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators.