Knightscope, Inc. (NASDAQ:KSCP) Short Interest Update

Knightscope, Inc. (NASDAQ:KSCP) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 11,230,000 shares, a decline of 8.3% from the August 15th total of 12,250,000 shares. Based on an average daily volume of 2,640,000 shares, the days-to-cover ratio is currently 4.3 days. Currently, 8.4% of the shares of the stock are sold short.

Knightscope Price Performance

Shares of Knightscope stock traded up $0.43 on Wednesday, hitting $5.65. 174,003 shares of the company traded hands, compared to its average volume of 45,731. Knightscope has a 12-month low of $5.08 and a 12-month high of $49.94. The company has a current ratio of 1.21, a quick ratio of 0.84 and a debt-to-equity ratio of 0.35. The company has a market cap of $645.53 million, a P/E ratio of -15.85 and a beta of 1.90. The firm’s 50-day simple moving average is $0.49 and its 200 day simple moving average is $0.43.

Knightscope (NASDAQ:KSCP) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.05) earnings per share for the quarter. The business had revenue of $3.20 million during the quarter.

Institutional Trading of Knightscope

An institutional investor recently raised its position in Knightscope stock. Traynor Capital Management Inc. lifted its position in Knightscope, Inc. (NASDAQ:KSCP) by 100.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 200,001 shares of the company’s stock after purchasing an additional 100,000 shares during the period. Traynor Capital Management Inc. owned about 0.18% of Knightscope worth $61,000 as of its most recent SEC filing. 14.61% of the stock is owned by hedge funds and other institutional investors.

Knightscope Company Profile

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.