Knightscope, Inc. (NASDAQ:KSCP) Short Interest Down 9.0% in January

Knightscope, Inc. (NASDAQ:KSCP) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 363,700 shares, a drop of 9.0% from the December 31st total of 399,800 shares. Based on an average daily trading volume, of 300,800 shares, the short-interest ratio is currently 1.2 days. Approximately 9.5% of the company’s stock are short sold.

Knightscope Price Performance

Shares of NASDAQ:KSCP opened at $10.51 on Monday. The firm’s fifty day moving average is $13.59. Knightscope has a 12-month low of $4.89 and a 12-month high of $31.50. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.00 and a quick ratio of 0.75.

Analysts Set New Price Targets

Separately, HC Wainwright assumed coverage on shares of Knightscope in a research note on Thursday. They set a “buy” rating and a $16.00 target price for the company.

About Knightscope

Knightscope, Inc designs, develops, manufactures, markets, deploys, and supports autonomous security robots (ASR) in the United States. Its products include K3 and K5 ASRs designed to roam a geo-fenced area autonomously by utilizing numerous sensors and lasers, either on a random basis or based on a particular patrolling algorithm to navigate around people, vehicles, and objects in dynamic indoor or outdoor environments; K1, an ASR for used in indoors or outdoors and at ingress/egress points for both people and vehicles; and K7, a multi-terrain ASR.