Short Interest in Momentus Inc. (NASDAQ:MNTSW) Declines By 83.3%

Momentus Inc. (NASDAQ:MNTSW) was the target of a significant decrease in short interest in October. As of October 31st, there was short interest totalling 4,400 shares, a decrease of 83.3% from the October 15th total of 26,300 shares. Based on an average trading volume of 190,400 shares, the short-interest ratio is currently 0.0 days.

Momentus Stock Performance

NASDAQ:MNTSW remained flat at $0.01 on Wednesday. The company’s stock had a trading volume of 664,274 shares, compared to its average volume of 107,302. The company’s 50 day moving average price is $0.01 and its two-hundred day moving average price is $0.01. Momentus has a 1-year low of $0.00 and a 1-year high of $0.04.

About Momentus

Momentus Inc operates as a commercial space company. The company offers satellites, satellite buses, and other satellite technologies; and in-space infrastructure services, including in-space transportation, hosted payloads, and in-orbit services. Its principal and target customers include satellite operators.