noco-noco Inc. (NASDAQ:NCNC) Short Interest Update

noco-noco Inc. (NASDAQ:NCNC) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 934,200 shares, an increase of 313.2% from the August 15th total of 226,100 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily volume of 5,560,000 shares, the days-to-cover ratio is presently 0.2 days.

noco-noco Stock Performance

Shares of noco-noco stock traded down $0.01 during trading on Thursday, reaching $0.16. 270,072 shares of the stock were exchanged, compared to its average volume of 2,421,050. noco-noco has a 1 year low of $0.12 and a 1 year high of $1.30. The stock’s fifty day moving average is $0.18 and its 200 day moving average is $0.20.

About noco-noco

noco-noco Inc operates as an early-stage decarbonization solution provider in Asia. The company engages in manufacturing and leasing battery products, including batteries and BEVs to commercial transportation companies, and of ESS to renewable power plants and other power plants requiring grid stabilization and backup power; and the provision of carbon abatement solutions for landowners and carbon credit sales.