Momentus Inc. (NASDAQ:MNTSW) Sees Large Drop in Short Interest

Momentus Inc. (NASDAQ:MNTSW) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 4,400 shares, a decline of 83.3% from the October 15th total of 26,300 shares. Based on an average daily trading volume, of 190,400 shares, the days-to-cover ratio is currently 0.0 days.

Momentus Stock Down 1.0 %

Shares of MNTSW stock traded down $0.00 during trading hours on Tuesday, hitting $0.01. 87,897 shares of the company were exchanged, compared to its average volume of 104,687. Momentus has a 52 week low of $0.00 and a 52 week high of $0.04. The business has a 50 day moving average of $0.01 and a two-hundred day moving average of $0.01.

Momentus Company Profile

Momentus Inc operates as a commercial space company. The company offers satellites, satellite buses, and other satellite technologies; and in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators.