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

Knightscope, Inc. (NASDAQ:KSCP) saw a large drop in short interest in 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. Currently, 8.4% of the company’s shares are short sold.

Institutional Trading of Knightscope

An institutional investor recently raised its position in Knightscope stock. Traynor Capital Management Inc. lifted its stake in shares of Knightscope, Inc. (NASDAQ:KSCP) by 100.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 200,001 shares of the company’s stock after buying an additional 100,000 shares during the quarter. Traynor Capital Management Inc. owned about 0.18% of Knightscope worth $61,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 14.61% of the company’s stock.

Knightscope Stock Performance

Shares of KSCP stock opened at $5.61 on Thursday. The company has a market cap of $640.96 million, a price-to-earnings ratio of -16.50 and a beta of 1.90. Knightscope has a 52 week low of $5.08 and a 52 week high of $49.94. The company has a quick ratio of 0.84, a current ratio of 1.21 and a debt-to-equity ratio of 0.35. The firm has a 50 day moving average of $0.59 and a 200-day moving average of $0.47.

Knightscope (NASDAQ:KSCP) last announced its quarterly earnings data on Wednesday, August 14th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $3.20 million for the quarter.

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.