NOVONIX Limited (OTCMKTS:NVNXF – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totaling 597,872 shares, an increase of 317.5% from the August 31st total of 143,189 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 354,042 shares, the short-interest ratio is presently 1.7 days.
NOVONIX Stock Performance
Shares of OTCMKTS:NVNXF traded up $0.00 during trading on Friday, hitting $0.07. 81,405 shares of the company were exchanged, compared to its average volume of 139,904. NOVONIX has a fifty-two week low of $0.05 and a fifty-two week high of $0.87. The firm has a fifty day moving average price of $0.09 and a two-hundred day moving average price of $0.14. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.20.
NOVONIX Company Profile
NOVONIX Limited is an advanced battery materials and technology company focused on supporting the development and commercialization of lithium-ion batteries. Its businesses include battery-testing equipment and services, synthetic graphite anode materials, and research and development aimed at improving battery performance, durability and cost.
The company develops and supplies specialized battery-testing systems used by battery manufacturers, automotive companies and research organizations.
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