Satellogic Inc. (NASDAQ:SATLW) Short Interest Update

by · The Cerbat Gem

Satellogic Inc. (NASDAQ:SATLW – Get Free Report) saw a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 4,627 shares, a growth of 120.4% from the August 31st total of 2,099 shares. Based on an average trading volume of 17,570 shares, the days-to-cover ratio is presently 0.3 days.

Satellogic Stock Performance

NASDAQ SATLW traded down $0.12 on Tuesday, hitting $0.48. The stock had a trading volume of 7,810 shares, compared to its average volume of 64,841. The firm has a 50-day moving average of $0.58 and a 200-day moving average of $1.29. Satellogic has a 52-week low of $0.08 and a 52-week high of $5.00.

Satellogic Company Profile

(Get Free Report)

Satellogic Inc is an Earth-observation company that operates a constellation of small satellites designed to collect high-resolution, multispectral imagery of the planet. The company’s data is intended to support monitoring and analysis of land, infrastructure, natural resources, agriculture, energy, and other activities that change over time.

Satellogic provides satellite imagery, satellite tasking, and geospatial data products through its platform. Its services are aimed at government and commercial customers seeking frequent, data-driven views of locations around the world for applications such as environmental monitoring, supply-chain analysis, urban planning, and national security.

Founded in 2010 by Argentine entrepreneur Emiliano Kargieman, Satellogic has developed an international operating presence and serves customers across multiple geographic markets.

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