Knightscope, Inc. (NASDAQ:KSCP) Short Interest Down 9.0% in January

Knightscope, Inc. (NASDAQ:KSCP) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 363,700 shares, a drop of 9.0% from the December 31st total of 399,800 shares. Approximately 9.5% of the shares of the stock are short sold. Based on an average trading volume of 300,800 shares, the days-to-cover ratio is currently 1.2 days.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright began coverage on shares of Knightscope in a report on Thursday. They set a “buy” rating and a $16.00 target price for the company.

Knightscope Stock Performance

Shares of NASDAQ:KSCP opened at $10.51 on Monday. Knightscope has a 1-year low of $4.89 and a 1-year high of $31.50. The company has a quick ratio of 0.75, a current ratio of 1.00 and a debt-to-equity ratio of 0.42. The business’s 50 day simple moving average is $13.59.

Knightscope Company Profile

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.