Momentus Inc. (NASDAQ:MNTS) Short Interest Update

Momentus Inc. (NASDAQ:MNTS) was the target 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. Based on an average daily trading volume, of 833,500 shares, the days-to-cover ratio is presently 0.3 days. Approximately 9.5% of the shares of the stock are short sold.

Momentus Trading Up 2.1 %

MNTS stock opened at $5.83 on Friday. The firm has a 50-day moving average of $7.39 and a two-hundred day moving average of $7.99. Momentus has a 12 month low of $4.50 and a 12 month high of $28.56.

Momentus Company Profile

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.