Nauticus Robotics, Inc. (NASDAQ:KITTW – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 151,763 shares, a growth of 252.7% from the May 14th total of 43,035 shares. Based on an average daily trading volume, of 61,531 shares, the days-to-cover ratio is presently 2.5 days.
Nauticus Robotics Stock Down 4.7%
Shares of KITTW traded down $0.00 during mid-day trading on Thursday, reaching $0.03. The company had a trading volume of 234,887 shares, compared to its average volume of 81,128. Nauticus Robotics has a 52-week low of $0.02 and a 52-week high of $0.15. The stock has a 50 day moving average of $0.03 and a two-hundred day moving average of $0.06.
About Nauticus Robotics
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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