Nano Labs Ltd (NASDAQ:NA) Short Interest Update

Nano Labs Ltd (NASDAQ:NA) was the target of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 208,800 shares, a decrease of 18.8% from the January 31st total of 257,100 shares. Currently, 4.5% of the shares of the company are sold short. Based on an average trading volume of 121,500 shares, the short-interest ratio is currently 1.7 days.

Nano Labs Price Performance

Shares of NA opened at $5.80 on Tuesday. The business’s 50-day moving average is $7.40 and its two-hundred day moving average is $6.45. Nano Labs has a fifty-two week low of $2.75 and a fifty-two week high of $23.50. The company has a quick ratio of 0.67, a current ratio of 0.72 and a debt-to-equity ratio of 7.31.

Nano Labs Company Profile

Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. It develops high throughput computing and high-performance computing chips. The company also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology.