Short Interest in Nukkleus Inc. (NASDAQ:NUKK) Decreases By 84.6%

Nukkleus Inc. (NASDAQ:NUKK) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totalling 103,400 shares, a drop of 84.6% from the September 30th total of 671,500 shares. Based on an average trading volume of 322,400 shares, the short-interest ratio is presently 0.3 days.

Nukkleus Stock Up 2.8 %

Shares of NASDAQ NUKK traded up $0.07 during mid-day trading on Friday, hitting $2.60. The company had a trading volume of 642,363 shares, compared to its average volume of 223,065. Nukkleus has a 1-year low of $0.82 and a 1-year high of $110.64. The business’s 50-day simple moving average is $2.23 and its 200 day simple moving average is $4.13.

Nukkleus (NASDAQ:NUKK) last posted its quarterly earnings results on Wednesday, August 14th. The company reported ($1.36) earnings per share for the quarter. The business had revenue of $0.26 million during the quarter.

Nukkleus Company Profile

Nukkleus Inc, a financial technology company, provides blockchain-enabled technology solutions worldwide. It focuses on providing software and technology solutions for retail foreign exchange trading industry. The company provides transactions platform for dealing and risk management services. It also offers cross-border payment and transactions solutions and blockchain-enabled financial services solutions to institutional investors.