Sidus Space, Inc. (NASDAQ:SIDU) Sees Significant Growth in Short Interest

Sidus Space, Inc. (NASDAQ:SIDU) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 2,230,000 shares, a growth of 316.9% from the December 15th total of 534,900 shares. Currently, 26.8% of the company’s stock are sold short. Based on an average daily volume of 7,760,000 shares, the short-interest ratio is presently 0.3 days.

Sidus Space Stock Performance

Shares of SIDU stock traded up $0.04 during trading hours on Tuesday, hitting $2.40. 982,336 shares of the company were exchanged, compared to its average volume of 4,330,660. Sidus Space has a one year low of $1.15 and a one year high of $11.60. The business’s 50-day simple moving average is $2.60 and its two-hundred day simple moving average is $2.65.

About Sidus Space

Sidus Space, Inc, a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its space services include satellite/space hardware manufacturing; Low Earth Orbit (LEO) launch and deployment services; and space-based geospatial intel, imagery, and data analytics.