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

Nauticus Robotics, Inc. (NASDAQ:KITTWGet Free Report) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 15,052 shares, a drop of 85.0% from the July 15th total of 100,625 shares. Based on an average trading volume of 120,498 shares, the short-interest ratio is presently 0.1 days.

Nauticus Robotics Price Performance

KITTW traded up $0.00 on Friday, hitting $0.01. 64,235 shares of the company’s stock were exchanged, compared to its average volume of 83,330. Nauticus Robotics has a twelve month low of $0.01 and a twelve month high of $0.15. The stock has a fifty day moving average of $0.02 and a two-hundred day moving average of $0.04.

Nauticus Robotics Company Profile

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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.

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