NOVONIX Limited (OTCMKTS:NVNXF – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 597,872 shares, a growth of 317.5% from the August 31st total of 143,189 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 354,042 shares, the days-to-cover ratio is presently 1.7 days.
NOVONIX Stock Down 3.9%
NVNXF opened at $0.07 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.97 and a current ratio of 0.97. The stock’s 50 day simple moving average is $0.09 and its 200 day simple moving average is $0.14. NOVONIX has a 1 year low of $0.05 and a 1 year high of $0.87.
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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