Kraken Robotics Inc. (OTCMKTS:KRKNF) Sees Significant Drop in Short Interest

Kraken Robotics Inc. (OTCMKTS:KRKNF) saw a large decline in short interest in June. As of June 15th, there was short interest totalling 134,400 shares, a decline of 68.4% from the May 31st total of 425,800 shares. Based on an average daily trading volume, of 300,800 shares, the short-interest ratio is currently 0.4 days.

Kraken Robotics Trading Up 0.7 %

Shares of Kraken Robotics stock traded up $0.01 on Thursday, hitting $0.73. 148,091 shares of the company were exchanged, compared to its average volume of 129,106. The company has a 50-day moving average price of $0.73 and a 200 day moving average price of $0.67. Kraken Robotics has a 1-year low of $0.26 and a 1-year high of $0.85.

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. It operates in two segments, Sensors and Platforms, and Power.