Nanosonics Limited (OTCMKTS:NNCSF) Sees Significant Increase in Short Interest

Nanosonics Limited (OTCMKTS:NNCSF) was the recipient of a large growth in short interest in the month of February. As of February 15th, there was short interest totalling 485,500 shares, a growth of 141.5% from the January 31st total of 201,000 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 1,618.3 days.

Nanosonics Stock Performance

Shares of NNCSF remained flat at $2.30 during midday trading on Friday. The company has a 50-day simple moving average of $2.14 and a 200-day simple moving average of $2.11. Nanosonics has a 1-year low of $1.69 and a 1-year high of $2.64.

About Nanosonics

Nanosonics Limited operates as an infection prevention company globally. The company manufactures and distributes the trophon ultrasound probe disinfector, and its related consumables and accessories; and research, develops, and commercialize of infection control and decontamination products and related technologies.