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

Nanosonics Limited (OTCMKTS:NNCSF) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 201,000 shares, an increase of 48.4% from the January 15th total of 135,400 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 2,010.0 days.

Nanosonics Stock Performance

Shares of OTCMKTS NNCSF opened at $2.30 on Friday. The stock’s 50-day moving average is $2.06 and its two-hundred day moving average is $2.09. Nanosonics has a 1-year low of $1.69 and a 1-year high of $2.64.

Nanosonics Company Profile

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.