Knightscope, Inc. (NASDAQ:KSCP) Short Interest Down 9.0% in January

Knightscope, Inc. (NASDAQ:KSCP) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 363,700 shares, a decrease of 9.0% from the December 31st total of 399,800 shares. Based on an average daily volume of 300,800 shares, the short-interest ratio is currently 1.2 days. Currently, 9.5% of the company’s stock are sold short.

Knightscope Stock Performance

Knightscope stock opened at $9.70 on Monday. The company has a current ratio of 1.00, a quick ratio of 0.75 and a debt-to-equity ratio of 0.42. Knightscope has a fifty-two week low of $4.89 and a fifty-two week high of $31.50. The stock has a market cap of $33.75 million, a P/E ratio of -0.71 and a beta of 1.50. The company’s 50-day moving average price is $13.59.

Analysts Set New Price Targets

Separately, HC Wainwright assumed coverage on shares of Knightscope in a research report on Thursday. They issued a “buy” rating and a $16.00 price objective for the company.

About Knightscope

Knightscope, Inc designs, develops, manufactures, markets, deploys, and supports autonomous security robots (ASR) in the United States. Its products include K3 and K5 ASRs designed to roam a geo-fenced area autonomously by utilizing numerous sensors and lasers, either on a random basis or based on a particular patrolling algorithm to navigate around people, vehicles, and objects in dynamic indoor or outdoor environments; K1, an ASR for used in indoors or outdoors and at ingress/egress points for both people and vehicles; and K7, a multi-terrain ASR.