Satellogic Inc. (NASDAQ:SATLW) Short Interest Update

Satellogic Inc. (NASDAQ:SATLW) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 2,541 shares, an increase of 95.3% from the January 15th total of 1,301 shares. Based on an average daily volume of 156,768 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 156,768 shares, the short-interest ratio is presently 0.0 days.

Satellogic Stock Performance

NASDAQ:SATLW opened at $0.78 on Friday. The stock’s 50 day moving average price is $0.62 and its 200 day moving average price is $0.41. Satellogic has a 52 week low of $0.08 and a 52 week high of $1.96.

About Satellogic

Satellogic is a New York–listed geospatial analytics company specializing in the design, manufacture and operation of Earth observation satellites. Leveraging a proprietary high-resolution imaging platform, the company provides frequent revisit imagery and analytics to support applications in agriculture, forestry, infrastructure monitoring, and defense. Satellogic’s vertically integrated approach encompasses satellite development, ground station operations and data processing to deliver actionable insights to commercial and government clients.

Founded in 2010 by Emiliano Kargieman and Gerardo Richarte, Satellogic has pursued an ambitious plan to build a large constellation of small, cost-effective satellites.