Short Interest in NOVONIX Limited (OTCMKTS:NVNXF) Rises By 25.1%

NOVONIX Limited (OTCMKTS:NVNXF) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 1,702,700 shares, a growth of 25.1% from the January 15th total of 1,361,200 shares. Based on an average daily volume of 299,600 shares, the short-interest ratio is currently 5.7 days.

NOVONIX Stock Down 4.2 %

NVNXF stock traded down $0.02 during midday trading on Friday, reaching $0.35. The stock had a trading volume of 66,685 shares, compared to its average volume of 121,553. The company’s fifty day simple moving average is $0.41 and its 200 day simple moving average is $0.44. The company has a current ratio of 6.15, a quick ratio of 5.94 and a debt-to-equity ratio of 0.44. NOVONIX has a 52-week low of $0.23 and a 52-week high of $0.79.

About NOVONIX

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments.