Short Interest in Kraken Robotics Inc. (OTCMKTS:KRKNF) Rises By 18.6%

Kraken Robotics Inc. (OTCMKTS:KRKNF) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 1,124,600 shares, a growth of 18.6% from the September 30th total of 948,300 shares. Based on an average daily volume of 714,700 shares, the short-interest ratio is currently 1.6 days.

Kraken Robotics Stock Performance

Shares of KRKNF stock traded down $0.03 during trading hours on Wednesday, reaching $1.45. The company had a trading volume of 291,209 shares, compared to its average volume of 185,126. The company has a 50 day moving average of $1.23 and a 200 day moving average of $0.95. Kraken Robotics has a 1-year low of $0.32 and a 1-year high of $1.53.

About Kraken Robotics

Kraken Robotics Inc, a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally.