Red Cat Stock Recovers — Strong Revenue Meets Rising Short Interest

• Red Cat Holdings shares are powering higher. Why are RCAT shares rallying?Full-year revenue climbed 161% to $40.7 million, with cash reserves jumping to $167.9 million from $9.2 million a year earlier. The gains appear driven by company-specific momentum, with the Nasdaq down 0.33% on the day.Last week’s sell-off was triggered by a quarterly loss of 17 cents per share, wider than the expected 15 cents. Operationally, Red Cat added Black Widow drone orders, secured a 100-unit NSPA order, expanded partners ...