Kraken Robotics Inc. (OTCMKTS:KRKNF) Sees Large Increase in Short Interest

Kraken Robotics Inc. (OTCMKTS:KRKNF) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,417,400 shares, an increase of 26.0% from the October 15th total of 1,124,600 shares. Based on an average daily volume of 509,800 shares, the short-interest ratio is currently 2.8 days.

Kraken Robotics Price Performance

Shares of OTCMKTS KRKNF opened at $1.61 on Friday. The firm has a fifty day moving average of $1.33 and a 200-day moving average of $1.02. Kraken Robotics has a 52-week low of $0.32 and a 52-week high of $1.92.

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 in Canada, the Asia Pacific, Europe, the Middle East, Africa, North America, and internationally.