Momentus Inc. (NASDAQ:MNTS) Short Interest Update

Momentus Inc. (NASDAQ:MNTSGet Free Report) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totalling 212,900 shares, a growth of 38.1% from the December 31st total of 154,200 shares. Approximately 9.5% of the company’s stock are sold short. Based on an average daily volume of 833,500 shares, the days-to-cover ratio is presently 0.3 days.

Momentus Trading Up 2.1 %

Shares of Momentus stock opened at $5.83 on Friday. Momentus has a 52 week low of $4.50 and a 52 week high of $28.56. The firm’s 50 day moving average is $7.39 and its two-hundred day moving average is $7.99.

Momentus Company Profile

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Momentus Inc, together with its subsidiaries, operates as a commercial space company. The company focuses on providing in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators. The company is headquartered in San Jose, California.

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