Momentus Inc. (NASDAQ:MNTS – Get Free Report) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 212,900 shares, a growth of 38.1% from the December 15th total of 154,200 shares. Based on an average trading volume of 833,500 shares, the short-interest ratio is currently 0.3 days. Currently, 9.5% of the company’s shares are sold short.
Momentus Price Performance
NASDAQ:MNTS opened at $6.64 on Friday. Momentus has a fifty-two week low of $4.50 and a fifty-two week high of $28.56. The company has a 50 day simple moving average of $7.81 and a two-hundred day simple moving average of $8.06.
Momentus (NASDAQ:MNTS – Get Free Report) last posted its quarterly earnings data on Tuesday, October 15th. The company reported ($9.24) earnings per share for the quarter. The firm had revenue of $0.51 million for the quarter. Momentus had a negative return on equity of 1,945.42% and a negative net margin of 1,303.93%.
Momentus Company Profile
Momentus Inc, together with its subsidiaries, operates as a commercial space company. The company focuses on providing in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators. The company is headquartered in San Jose, California.
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