Momentus Inc. (NASDAQ:MNTSW – Get Free Report) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 120,384 shares, a drop of 38.8% from the May 14th total of 196,737 shares. Based on an average daily trading volume, of 1,956,158 shares, the short-interest ratio is presently 0.1 days.
Momentus Stock Performance
MNTSW stock traded down $0.00 during midday trading on Tuesday, hitting $0.03. 460,716 shares of the company’s stock were exchanged, compared to its average volume of 409,919. Momentus has a one year low of $0.01 and a one year high of $0.13. The stock’s fifty day moving average price is $0.03 and its 200-day moving average price is $0.02.
Momentus Company Profile
Momentus, trading on the Nasdaq under the symbol MNTSW, is a U.S.-based provider of in-space transportation and logistics services. Headquartered in Santa Clara, California, the company develops and operates orbital “space tugs” designed to carry small satellites to their final deployment orbits. Momentus’s core offering, its Vigoride vehicle, leverages proprietary water-plasma propulsion technology to deliver customer payloads with precision, enabling what the industry refers to as “last-mile” satellite delivery.
Momentus offers a suite of mission services that extend beyond simple orbital transfers.
Recommended Stories
- Five stocks we like better than Momentus
- Gravity Check: Houston, SpaceX Has a Valuation Problem
- Strategy’s Bitcoin Rally Has a Hidden Engine
- Okta’s AI Moment May Be Bigger Than Investors Realize
- 3 Rate-Ready Stocks for the New Fed Chair’s First Big Test
Receive News & Ratings for Momentus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Momentus and related companies with MarketBeat.com's FREE daily email newsletter.
