Short Interest in Nanosonics Limited (OTCMKTS:NNCSF) Expands By 206.5%

Nanosonics Limited (OTCMKTS:NNCSF) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 131,200 shares, an increase of 206.5% from the November 30th total of 42,800 shares. Based on an average trading volume of 600 shares, the short-interest ratio is currently 218.7 days.

Nanosonics Price Performance

OTCMKTS:NNCSF remained flat at $1.94 during mid-day trading on Thursday. The stock’s 50 day simple moving average is $2.08 and its 200-day simple moving average is $2.04. Nanosonics has a 52-week low of $1.69 and a 52-week high of $2.89.

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.