Short Interest in Nanoco Group plc (OTCMKTS:NNOCF) Grows By 220.1%

Nanoco Group plc (OTCMKTS:NNOCFGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 45,430 shares, a growth of 220.1% from the May 14th total of 14,192 shares. Based on an average trading volume of 25,226 shares, the days-to-cover ratio is presently 1.8 days.

Nanoco Group Price Performance

Shares of NNOCF opened at $0.04 on Friday. The firm’s fifty day simple moving average is $0.07 and its two-hundred day simple moving average is $0.09. Nanoco Group has a 12 month low of $0.02 and a 12 month high of $0.19.

Nanoco Group Company Profile

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Nanoco Group plc is a UK‐based nanotechnology company specializing in the design, development and manufacture of quantum dots, graphene quantum dots and related nanomaterials. Its proprietary processes enable the production of cadmium‐free quantum dots that are used in a variety of display, lighting and sensor applications. Nanoco’s core technology platforms address pure metal and compound semiconductors, delivering solutions to enhance color performance, efficiency and environmental compliance.

Founded in 2001 and headquartered in Manchester, England, Nanoco has built a vertically integrated manufacturing capability for its nanomaterials.

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