Sidus Space, Inc. (NASDAQ:SIDU) Short Interest Update

Sidus Space, Inc. (NASDAQ:SIDU) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 240,000 shares, an increase of 447.9% from the February 29th total of 43,800 shares. Currently, 17.5% of the shares of the stock are sold short. Based on an average daily volume of 1,630,000 shares, the short-interest ratio is presently 0.1 days.

Sidus Space Stock Performance

Shares of SIDU stock traded down $0.17 during trading hours on Wednesday, hitting $3.50. The company had a trading volume of 169,055 shares, compared to its average volume of 1,410,502. The firm has a market capitalization of $10.01 million, a price-to-earnings ratio of -0.07 and a beta of -0.51. Sidus Space has a 12 month low of $3.27 and a 12 month high of $56.85. The firm’s fifty day moving average is $5.18 and its 200 day moving average is $8.16.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SIDU. Virtu Financial LLC acquired a new position in Sidus Space during the 1st quarter worth $47,000. State Street Corp acquired a new position in Sidus Space during the 2nd quarter worth $40,000. Jane Street Group LLC lifted its holdings in Sidus Space by 113.9% during the 2nd quarter. Jane Street Group LLC now owns 30,809 shares of the company’s stock worth $102,000 after buying an additional 16,406 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Sidus Space during the 3rd quarter worth $203,000. Finally, BlackRock Inc. acquired a new position in Sidus Space during the 3rd quarter worth $114,000. Institutional investors and hedge funds own 17.91% of the company’s stock.

About Sidus Space

Sidus Space, Inc, a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its services include satellite manufacturing; precision machining, assembly, and test; low earth orbit microsatellite; payload integrations; launch and support services; space-based data services and analytics; precision computer numerical control machining and fabrication; Swiss screw machining; wire cable harness fabrication; 3D composite and metal printing; and satellite deployment and microgravity testing and research services, as well as services related to electrical and electronic assemblies.