Satellogic (SATL) News Today

Satellogic (NASDAQ:SATL) Shares Down 1%

Satellogic (NASDAQ:SATL) Shares Down 1%

Satellogic (NASDAQ:SATL) Shares Up 5.1%

Satellogic Inc. (NASDAQ:SATL - Get Free Report) was the recipient of a large drop in short interest in May. As of May 31st, there was short interest totalling 139,600 shares, a drop of 18.9% from the May 15th total of 172,200 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 40,200 shares, the short-interest ratio is currently 3.5 days.

Satellogic (NASDAQ:SATL) Shares Down 1.7%

Satellogic Inc. (NASDAQ:SATL - Get Free Report) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 160,400 shares, an increase of 26.5% from the November 30th total of 126,800 shares. Based on an average daily trading volume, of 86,300 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.5% of the company's shares are short sold.

Satellogic Inc. (NASDAQ:SATL - Get Rating) saw a significant decline in short interest in April. As of April 15th, there was short interest totalling 161,900 shares, a decline of 15.9% from the March 31st total of 192,600 shares. Based on an average trading volume of 54,100 shares, the short-interest ratio is presently 3.0 days. Approximately 0.5% of the company's stock are short sold.

Ergoteles LLC decreased its stake in Satellogic Inc. (NASDAQ:SATL - Get Rating) by 83.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,000 shares of the company's stock after selling 56,938 shares during the period