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

Nauticus Robotics, Inc. (NASDAQ:KITTW – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 27 shares, a drop of 93.5% from the September 15th total of 418 shares. Based on an average daily trading volume, of 48,010 shares, the short-interest ratio is presently 0.0 days.

Nauticus Robotics Price Performance

KITTW remained flat at $0.01 during trading hours on Friday. Nauticus Robotics has a 12 month low of $0.01 and a 12 month high of $0.15. The business’s 50 day simple moving average is $0.01 and its two-hundred day simple moving average is $0.02.

Nauticus Robotics Company Profile

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Nauticus Robotics, Inc is a Houston-based developer of autonomous robotics and software for subsea operations. The company designs technologies intended to perform underwater inspection, maintenance, intervention and data-collection tasks with reduced reliance on traditional crewed vessels and divers.

Its product portfolio includes Aquanaut, an autonomous subsea vehicle designed to travel to offshore assets and conduct inspection or intervention work; Hydronaut, an uncrewed surface support vessel; and ToolKITT, a software platform that provides autonomy, vehicle control and mission-management capabilities.

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