Nanoco Group plc (OTCMKTS:NNOCF) Sees Large Increase in Short Interest

Nanoco Group plc (OTCMKTS:NNOCF) was the target of a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,600 shares, an increase of 100.0% from the January 31st total of 800 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 1.3 days.

Nanoco Group Stock Performance

Shares of OTCMKTS NNOCF remained flat at $0.09 during trading on Friday. The business’s 50-day simple moving average is $0.14 and its 200 day simple moving average is $0.15. Nanoco Group has a 1 year low of $0.09 and a 1 year high of $0.31.

About Nanoco Group

Nanoco Group plc, together with its subsidiaries, engages in the research, development, manufacture, and licensing of novel nanomaterials for use in various commercial applications. The company offers CFQD quantum dots consisting of fluorescent semiconductor nanoparticles for OLED and µLED colour conversion, QD-EL, and security tagging applications; and HEATWAVE quantum dots for use in biometric facial recognition, optical diagnostics, LiDAR, and night vision applications in the sensor industry.