Knightscope, Inc. (NASDAQ:KSCP) Short Interest Update

by · The Cerbat Gem

Knightscope, Inc. (NASDAQ:KSCP – Get Free Report) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 11,230,000 shares, a drop of 8.3% from the August 15th total of 12,250,000 shares. Based on an average daily trading volume, of 2,640,000 shares, the days-to-cover ratio is currently 4.3 days. Approximately 8.4% of the company’s shares are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Knightscope stock. Traynor Capital Management Inc. bought a new stake in shares of Knightscope, Inc. (NASDAQ:KSCP – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 100,001 shares of the company’s stock, valued at approximately $50,000. Traynor Capital Management Inc. owned 0.11% of Knightscope as of its most recent filing with the Securities and Exchange Commission. 14.61% of the stock is owned by institutional investors and hedge funds.

Knightscope Stock Up 7.5 %

Shares of NASDAQ KSCP opened at $5.61 on Thursday. The company has a 50 day simple moving average of $0.59 and a 200 day simple moving average of $0.47. The firm has a market cap of $640.96 million, a PE ratio of -16.50 and a beta of 1.90. Knightscope has a 1 year low of $5.08 and a 1 year high of $49.94. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.21 and a quick ratio of 0.84.

Knightscope (NASDAQ:KSCP – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.05) earnings per share (EPS) for the quarter. The company had revenue of $3.20 million for the quarter.

Knightscope Company Profile

(Get Free Report)

Knightscope, Inc designs, develops, manufactures, markets, deploys, and supports autonomous security robots (ASR) in the United States. Its products include K3 and K5 ASRs designed to roam a geo-fenced area autonomously by utilizing numerous sensors and lasers, either on a random basis or based on a particular patrolling algorithm to navigate around people, vehicles, and objects in dynamic indoor or outdoor environments; K1, an ASR for used in indoors or outdoors and at ingress/egress points for both people and vehicles; and K7, a multi-terrain ASR.

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