Mynaric AG (NASDAQ:MYNA) Short Interest Update

by · The Cerbat Gem

Mynaric AG (NASDAQ:MYNA – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 306,100 shares, an increase of 2,167.4% from the September 15th total of 13,500 shares. Based on an average trading volume of 211,200 shares, the days-to-cover ratio is currently 1.4 days.

Mynaric Stock Down 4.9 %

NASDAQ:MYNA traded down $0.07 during trading hours on Thursday, hitting $1.35. The stock had a trading volume of 24,039 shares, compared to its average volume of 75,300. Mynaric has a one year low of $0.66 and a one year high of $7.58. The business’s 50 day moving average is $1.91 and its 200-day moving average is $3.68.

Mynaric Company Profile

(Get Free Report)

Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial applications.

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