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

by · The Markets Daily

Nocopi Technologies, Inc. (OTCMKTS:NNUP – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 2,798 shares, a growth of 92.6% from the September 15th total of 1,453 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 1,514 shares, the short-interest ratio is currently 1.8 days.

Nocopi Technologies Stock Performance

Shares of NNUP remained flat at $1.75 during trading hours on Friday. The company had a trading volume of 31 shares, compared to its average volume of 664. Nocopi Technologies has a twelve month low of $1.31 and a twelve month high of $2.05. The stock has a 50-day simple moving average of $1.76 and a two-hundred day simple moving average of $1.66.

About Nocopi Technologies

(Get Free Report)

Nocopi Technologies, Inc develops and markets authentication and anti-counterfeiting technologies. Its products are designed to help manufacturers, brand owners and other organizations verify the authenticity of products, documents and packaging and to deter counterfeiting, diversion and unauthorized distribution.

The company’s offerings have included proprietary security inks, chemical markers and other authentication solutions that can be incorporated into labels, packaging, printed materials and products.

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