Ast Spacemobile

ASTS

AST SpaceMobile is a publicly traded satellite designer and manufacturer based in Midland, Texas, United States. The company is building the SpaceMobile satellite constellation, a space-based cellular broadband network that will allow existing, unmodified smartphones to connect to satellites in areas with coverage gaps. Its BlueWalker 3 prototype satellite is the largest commercial communications array in low Earth orbit after launch in 2022.

Ast Spacemobile has been a target of short sellers for a while. The current short interest of 21.97% is slightly above the average of the last 12 months (17.11%).