Short Interest in NanoViricides Rises By 0.3% (NNVC)
Shares of NanoViricides (NYSE:NNVC) saw a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 4,001,090 shares, an increase of 0.3% from the July 31st total of 4,013,042 shares, Analyst Ratings Network.com reports. Based on an average trading volume of 413,489 shares, the days-to-cover ratio is presently 9.7 days. Currently, 9.8% of the company’s shares are sold short.
NanoViricides (NYSE:NNVC) opened at 3.86 on Friday. NanoViricides has a 52 week low of $2.67 and a 52 week high of $7.59. The stock has a 50-day moving average of $4.14 and a 200-day moving average of $3.78. The company’s market cap is $210.5 million.
NanoViricides, Incis a development-stage company. The Company is a nano-biopharmaceutical (NYSE:NNVC) company whose business goals are to discover, develop and commercialize therapeutics to advance the care of patients suffering from life-threatening viral infections.
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