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

Sidus Space, Inc. (NASDAQ:SIDU) was the target of a significant growth in short interest in 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. Based on an average daily volume of 7,760,000 shares, the short-interest ratio is currently 0.3 days. Approximately 26.8% of the shares of the stock are sold short.

Sidus Space Trading Up 6.0 %

NASDAQ SIDU traded up $0.15 during trading hours on Tuesday, reaching $2.63. 791,519 shares of the stock traded hands, compared to its average volume of 3,582,039. The stock has a 50 day simple moving average of $2.75 and a two-hundred day simple moving average of $2.67. Sidus Space has a 1 year low of $1.15 and a 1 year high of $10.15.

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.