Momentus Inc. (NASDAQ:MNTSW) Short Interest Update

Momentus Inc. (NASDAQ:MNTSW) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 169,184 shares, a growth of 25.5% from the November 30th total of 134,791 shares. Based on an average daily trading volume, of 261,850 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 261,850 shares, the days-to-cover ratio is presently 0.6 days.

Momentus Stock Up 33.5%

Shares of MNTSW opened at $0.02 on Friday. Momentus has a one year low of $0.01 and a one year high of $0.19. The business has a fifty day moving average of $0.03 and a 200 day moving average of $0.03.

Momentus (NASDAQ:MNTSW) last announced its earnings results on Wednesday, August 10th. The company reported ($0.15) earnings per share (EPS) for the quarter.

Momentus Company Profile

Momentus, trading on the Nasdaq under the symbol MNTSW, is a U.S.-based provider of in-space transportation and logistics services. Headquartered in Santa Clara, California, the company develops and operates orbital “space tugs” designed to carry small satellites to their final deployment orbits. Momentus’s core offering, its Vigoride vehicle, leverages proprietary water-plasma propulsion technology to deliver customer payloads with precision, enabling what the industry refers to as “last-mile” satellite delivery.

Momentus offers a suite of mission services that extend beyond simple orbital transfers.