Nanosonics Limited (OTCMKTS:NNCSF) Sees Significant Increase in Short Interest

Nanosonics Limited (OTCMKTS:NNCSF) was the recipient of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 485,500 shares, an increase of 141.5% from the January 31st total of 201,000 shares. Based on an average trading volume of 300 shares, the short-interest ratio is currently 1,618.3 days.

Nanosonics Stock Performance

OTCMKTS:NNCSF opened at $2.30 on Friday. Nanosonics has a fifty-two week low of $1.69 and a fifty-two week high of $2.64. The stock has a fifty day moving average price of $2.14 and a 200-day moving average price of $2.11.

About Nanosonics

Nanosonics Limited operates as an infection prevention company globally. The company manufactures and distributes the trophon ultrasound probe disinfector, and its related consumables and accessories; and research, develops, and commercialize of infection control and decontamination products and related technologies.