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

Kraken Robotics Inc. (OTCMKTS:KRKNF) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 948,300 shares, an increase of 17.8% from the September 15th total of 805,200 shares. Based on an average daily volume of 450,400 shares, the short-interest ratio is presently 2.1 days.

Kraken Robotics Price Performance

Shares of Kraken Robotics stock opened at $1.18 on Wednesday. The firm has a fifty day moving average price of $1.16 and a 200 day moving average price of $0.91. Kraken Robotics has a 1 year low of $0.32 and a 1 year high of $1.37.

About Kraken Robotics

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 in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally.