Nocopi Technologies, Inc. (OTCMKTS:NNUP) Sees Large Increase in Short Interest

Nocopi Technologies, Inc. (OTCMKTS:NNUP) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 373 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 4,185 shares, the days-to-cover ratio is presently 0.1 days.

Nocopi Technologies Price Performance

Shares of NNUP opened at $1.60 on Wednesday. Nocopi Technologies has a fifty-two week low of $1.31 and a fifty-two week high of $2.05. The firm’s 50 day moving average price is $1.61 and its 200 day moving average price is $1.59.

About Nocopi Technologies

Nocopi Technologies, Inc develops and markets specialty reactive inks for applications in the educational and toy product markets, and technologies for document and product authentication. The company offers specialty inks for coloring books, activity kits, play sheets, single use place mats, greeting cards, board games, promotional products, or other paper-based applications; and anti-counterfeiting and anti-diversion technologies and products for various applications in the authentication of documents having intrinsic value, such as merchandise receipts, checks, travellers' checks, gift certificates, and event tickets, as well as product labelling and packaging services.