Nauticus Robotics, Inc. (NASDAQ:KITTW) Shares Shorted: Short Interest Down 83.1% in September

Nauticus Robotics, Inc. (NASDAQ:KITTW – Get Free Report) was the target of a large decline in short interest in September. As of September 15th, there was short interest totaling 418 shares, a decline of 83.1% from the August 31st total of 2,470 shares. Based on an average daily volume of 40,378 shares, the short-interest ratio is currently 0.0 days.

Nauticus Robotics Price Performance

Shares of KITTW traded up $0.00 on Friday, hitting $0.01. The company’s stock had a trading volume of 288,015 shares, compared to its average volume of 78,294. The firm’s fifty day moving average price is $0.01 and its 200-day moving average price is $0.03. Nauticus Robotics has a fifty-two week low of $0.01 and a fifty-two week high of $0.15.

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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