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

Nanosonics Limited (OTCMKTS:NNCSF) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 448,600 shares, a growth of 23.8% from the March 15th total of 362,500 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is presently 2,243.0 days.

Nanosonics Stock Performance

Shares of OTCMKTS NNCSF traded down $0.16 during trading hours on Friday, hitting $3.05. 9,578 shares of the stock were exchanged, compared to its average volume of 6,360. Nanosonics has a 1-year low of $1.69 and a 1-year high of $3.30. The company’s fifty day simple moving average is $2.64 and its two-hundred day simple moving average is $2.30.

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.