Sidus Space, Inc. (NASDAQ:SIDU) Short Interest Down 15.2% in April

Sidus Space, Inc. (NASDAQ:SIDUGet Free Report) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 267,500 shares, a drop of 15.2% from the April 15th total of 315,500 shares. Approximately 7.8% of the company’s stock are short sold. Based on an average daily trading volume, of 830,200 shares, the days-to-cover ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, ThinkEquity assumed coverage on Sidus Space in a research note on Monday, April 8th. They set a “buy” rating and a $10.00 price target on the stock.

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Sidus Space Stock Up 5.1 %

NASDAQ SIDU opened at $3.28 on Wednesday. Sidus Space has a 12-month low of $2.94 and a 12-month high of $26.00. The company has a fifty day simple moving average of $3.55 and a two-hundred day simple moving average of $5.69.

Sidus Space Company Profile

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Sidus Space, Inc, a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its space services include satellite/space hardware manufacturing; Low Earth Orbit (LEO) launch and deployment services; and space-based geospatial intel, imagery, and data analytics.

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