Kraken Robotics Inc. (OTCMKTS:KRKNF) Sees Large Decline in Short Interest

Kraken Robotics Inc. (OTCMKTS:KRKNF) was the recipient of a large decline in short interest in April. As of April 15th, there was short interest totalling 91,500 shares, a decline of 16.4% from the March 31st total of 109,400 shares. Based on an average daily trading volume, of 104,800 shares, the days-to-cover ratio is presently 0.9 days.

Kraken Robotics Trading Down 0.7 %

Shares of KRKNF stock opened at $0.75 on Friday. Kraken Robotics has a 12 month low of $0.26 and a 12 month high of $0.85. The company’s fifty day moving average price is $0.76 and its two-hundred day moving average price is $0.57.

Kraken Robotics Company Profile

Kraken Robotics Inc, a marine technology company, engages in the design, manufacture, and sale of sonar and optical sensors, batteries, and underwater robotic equipment for unmanned underwater vehicles used in military and commercial applications. It operates in two segments, Sensors and Platforms, and Power.