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

Knightscope, Inc. (NASDAQ:KSCP – Get Rating) was the target of a significant growth in short interest during the month of December. As of December 30th, there was short interest totalling 1,220,000 shares, a growth of 29.8% from the December 15th total of 940,200 shares. Based on an average daily trading volume, of 195,900 shares, the short-interest ratio is presently 6.2 days. Approximately 5.0% of the shares of the company are short sold.

Hedge Funds Weigh In On Knightscope

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. purchased a new position in shares of Knightscope in the third quarter worth about $3,691,000. AlphaCentric Advisors LLC purchased a new position in shares of Knightscope in the third quarter worth about $436,000. Cornerstone Wealth Group LLC increased its stake in shares of Knightscope by 21.4% in the third quarter. Cornerstone Wealth Group LLC now owns 88,722 shares of the company’s stock worth $215,000 after purchasing an additional 15,619 shares in the last quarter. Chatham Capital Group Inc. purchased a new position in shares of Knightscope in the second quarter worth about $150,000. Finally, Renaissance Technologies LLC purchased a new position in shares of Knightscope in the second quarter worth about $118,000. Hedge funds and other institutional investors own 1.64% of the company’s stock.

Knightscope Stock Performance

NASDAQ KSCP opened at $1.63 on Friday. Knightscope has a 52-week low of $1.35 and a 52-week high of $27.50. The company has a 50-day simple moving average of $1.97 and a 200 day simple moving average of $2.56. The company has a market capitalization of $44.26 million and a PE ratio of -0.89.

Knightscope (NASDAQ:KSCP – Get Rating) last posted its earnings results on Monday, November 14th. The company reported ($0.21) earnings per share for the quarter. The firm had revenue of $1.30 million for the quarter.

Knightscope Company Profile

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Knightscope, Inc designs, develops, builds, deploys, and supports physical security technologies in the United States. The company's solutions combine the physical presence of autonomous security robots (ASR) with real-time on-site data collection and analysis, and a human-machine interface to reduce crime.