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

Momentus Inc. (NASDAQ:MNTSW) was the recipient of a large drop in short interest during the month of November. As of November 15th, there was short interest totalling 3,700 shares, a drop of 15.9% from the October 31st total of 4,400 shares. Based on an average daily volume of 175,300 shares, the days-to-cover ratio is presently 0.0 days.

Momentus Stock Performance

Shares of NASDAQ MNTSW opened at $0.01 on Monday. Momentus has a 52-week low of $0.00 and a 52-week high of $0.04. The company’s 50 day moving average price is $0.01 and its 200-day moving average price is $0.01.

About Momentus

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.