Momentus Inc. (NASDAQ:MNTSW) Short Interest Up 237.2% in October

Momentus Inc. (NASDAQ:MNTSW) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 26,300 shares, an increase of 237.2% from the September 30th total of 7,800 shares. Based on an average daily volume of 185,400 shares, the short-interest ratio is presently 0.1 days.

Momentus Stock Performance

Momentus stock remained flat at $0.01 during mid-day trading on Friday. The company had a trading volume of 16,132 shares, compared to its average volume of 107,423. The company has a fifty day moving average price of $0.01 and a 200 day moving average price of $0.01. Momentus has a twelve month low of $0.00 and a twelve month high of $0.04.

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.