How Is The Market Feeling About Nauticus Robotics?
Portfolio Pulse from Benzinga Insights
Nauticus Robotics (NYSE:KITT) has seen a significant rise in short interest, with 1.15 million shares sold short, representing 50.75% of its float. This increase in short interest could indicate bearish sentiment among investors.
August 01, 2024 | 8:45 pm
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Nauticus Robotics has experienced a 1680.7% increase in short interest, with 1.15 million shares sold short, representing 50.75% of its float. This could indicate bearish sentiment among investors.
The significant increase in short interest suggests that many investors are betting against the stock, which could lead to downward pressure on the stock price in the short term.
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