Nauticus Robotics, Inc. (NASDAQ:KITTW) Shares Shorted: Short Interest Down 93.5% in September

Nauticus Robotics, Inc. (NASDAQ:KITTW) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 27 shares, a decline 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

NASDAQ KITTW remained flat at $0.01 during trading hours on Friday. 23,157 shares of the company traded hands, compared to its average volume of 76,902. The stock has a fifty day moving average of $0.01 and a two-hundred day moving average of $0.02. Nauticus Robotics has a fifty-two week low of $0.01 and a fifty-two week high of $0.15.

Nauticus Robotics Company Profile

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.