Nukkleus Inc. (NASDAQ:NUKK) Short Interest Up 3,122.5% in February

Nukkleus Inc. (NASDAQ:NUKKGet Free Report) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 228,800 shares, an increase of 3,122.5% from the January 31st total of 7,100 shares. Based on an average daily trading volume, of 302,100 shares, the short-interest ratio is currently 0.8 days. Approximately 44.3% of the company’s stock are sold short.

Institutional Trading of Nukkleus

An institutional investor recently bought a new position in Nukkleus stock. Newtyn Management LLC purchased a new position in Nukkleus Inc. (NASDAQ:NUKKFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 26,990 shares of the company’s stock, valued at approximately $77,000. Newtyn Management LLC owned approximately 1.49% of Nukkleus at the end of the most recent reporting period. 11.82% of the stock is currently owned by institutional investors and hedge funds.

Nukkleus Trading Up 7.9 %

Shares of NUKK stock traded up $0.07 during mid-day trading on Wednesday, reaching $0.97. 687,340 shares of the company’s stock traded hands, compared to its average volume of 412,969. Nukkleus has a 12 month low of $0.00 and a 12 month high of $15.38. The firm’s 50-day simple moving average is $1.41.

Nukkleus Company Profile

(Get Free Report)

Nukkleus Inc, a financial technology company, focuses on providing software and technology solutions for retail foreign exchange trading industry worldwide. The company primarily offers software, technology, customer sales and marketing, and risk management technology hardware and software solutions.

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