Nanoco Group plc (OTCMKTS:NNOCF) Short Interest Up 1,595.7% in February

Nanoco Group plc (OTCMKTS:NNOCF) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 12,752 shares, a growth of 1,595.7% from the January 29th total of 752 shares. Based on an average daily volume of 1,110 shares, the days-to-cover ratio is presently 11.5 days. Based on an average daily volume of 1,110 shares, the days-to-cover ratio is presently 11.5 days.

Nanoco Group Stock Up 61.7%

Shares of OTCMKTS NNOCF traded up $0.04 during midday trading on Wednesday, reaching $0.12. The stock had a trading volume of 101 shares, compared to its average volume of 8,887. The company’s 50 day moving average price is $0.10 and its 200 day moving average price is $0.13. Nanoco Group has a twelve month low of $0.07 and a twelve month high of $0.19.

About Nanoco Group

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.