NanoViricides, Inc. (NYSEAMERICAN:NNVC) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 1,026,735 shares, a drop of 28.3% from the November 15th total of 1,431,399 shares. Based on an average daily volume of 131,481 shares, the short-interest ratio is presently 7.8 days. Currently, 1.9% of the shares of the company are short sold.

Shares of NanoViricides (NYSEAMERICAN NNVC) opened at $1.04 on Tuesday. NanoViricides has a fifty-two week low of $0.91 and a fifty-two week high of $1.64.

NanoViricides (NYSEAMERICAN:NNVC) last released its quarterly earnings results on Tuesday, November 14th. The company reported ($0.03) earnings per share for the quarter.

Separately, BidaskClub cut NanoViricides from a “sell” rating to a “strong sell” rating in a report on Saturday, November 4th.

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NanoViricides Company Profile

NanoViricides, Inc is a nano-biopharmaceutical company. The Company is a development-stage company with several drugs in various stages of development. The Company focuses on its research and clinical programs on specific anti-viral therapeutics. The Company is engaged in the application of nanomedicine technologies to the issues of viral diseases.

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