Sidus Space, Inc. (NASDAQ:SIDU) Sees Significant Increase in Short Interest

Sidus Space, Inc. (NASDAQ:SIDU) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 2,230,000 shares, a growth of 316.9% from the December 31st total of 534,900 shares. Approximately 26.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,760,000 shares, the short-interest ratio is currently 0.3 days.

Sidus Space Price Performance

NASDAQ:SIDU traded up $0.15 during trading hours on Tuesday, hitting $2.63. 791,519 shares of the company’s stock traded hands, compared to its average volume of 3,582,039. Sidus Space has a 52 week low of $1.15 and a 52 week high of $10.15. The business’s fifty day simple moving average is $2.75 and its two-hundred day simple moving average is $2.67.

About Sidus Space

Sidus Space, Inc, a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its space services include satellite/space hardware manufacturing; Low Earth Orbit (LEO) launch and deployment services; and space-based geospatial intel, imagery, and data analytics.