Kraken Robotics Inc. (OTCMKTS:KRKNF – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 669,700 shares, a growth of 28.0% from the May 15th total of 523,300 shares. Based on an average daily trading volume, of 482,900 shares, the short-interest ratio is presently 1.4 days.
Kraken Robotics Price Performance
KRKNF opened at $1.96 on Thursday. Kraken Robotics has a 52-week low of $0.68 and a 52-week high of $2.24. The business’s fifty day moving average is $1.79 and its 200-day moving average is $1.78.
Analyst Ratings Changes
Several research analysts have weighed in on KRKNF shares. National Bankshares started coverage on Kraken Robotics in a research report on Thursday, April 24th. They set an “outperform” rating on the stock. Desjardins reissued a “buy” rating on shares of Kraken Robotics in a report on Wednesday, April 30th.
Kraken Robotics Company Profile
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.
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