Short Interest in Nukkleus Inc. (NASDAQ:NUKK) Expands By 54.5%

Nukkleus Inc. (NASDAQ:NUKK - Get Free Report) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 280,800 shares, a growth of 54.5% from the February 13th total of 181,800 shares. Approximately 6.9% of the company's stock are sold short. Based on an average daily volume of 4,510,000 shares, the days-to-cover ratio is currently 0.1 days.

Nukkleus Stock Performance

Shares of NUKK stock traded up $1.02 on Wednesday, reaching $15.51. 89,972 shares of the stock were exchanged, compared to its average volume of 1,359,763. The business's 50 day moving average price is $19.15 and its 200 day moving average price is $11.83. Nukkleus has a twelve month low of $1.30 and a twelve month high of $78.32.

Nukkleus Company Profile

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.