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Short Interest in Nukkleus Inc. (NASDAQ:NUKK) Rises By 72.5%

Nukkleus logo with Business Services background

Nukkleus Inc. (NASDAQ:NUKK - Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 1,380,000 shares, a growth of 72.5% from the August 31st total of 799,800 shares. Based on an average trading volume of 3,940,000 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 3,940,000 shares, the days-to-cover ratio is presently 0.4 days.

Nukkleus Price Performance

Nukkleus stock opened at $8.72 on Monday. The company's 50 day simple moving average is $5.34 and its 200 day simple moving average is $10.40. Nukkleus has a fifty-two week low of $1.30 and a fifty-two week high of $78.32.

Nukkleus (NASDAQ:NUKK - Get Free Report) last released its quarterly earnings data on Thursday, August 14th. The company reported $0.22 earnings per share for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Nukkleus in a research note on Saturday, September 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Sell".

Get Our Latest Research Report on Nukkleus

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets bought a new position in Nukkleus in the second quarter valued at approximately $56,000. Compagnie Lombard Odier SCmA bought a new position in Nukkleus in the first quarter valued at approximately $74,000. Finally, XTX Topco Ltd bought a new position in Nukkleus in the first quarter valued at approximately $125,000. Institutional investors own 12.47% of the company's stock.

Nukkleus Company Profile

(Get Free Report)

Nukkleus Inc, a financial technology company, provides blockchain-enabled technology solutions worldwide. It focuses on providing software and technology solutions for retail foreign exchange trading industry. The company provides transactions platform for dealing and risk management services. It also offers cross-border payment and transactions solutions and blockchain-enabled financial services solutions to institutional investors.

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