Nocopi Technologies, Inc. (OTCMKTS:NNUP – Get Free Report) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 1,826 shares, a decrease of 34.7% from the September 30th total of 2,798 shares. Based on an average daily trading volume, of 1,133 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.0% of the company’s stock are sold short.
Nocopi Technologies Stock Performance
Shares of OTCMKTS:NNUP opened at $1.60 on Tuesday. Nocopi Technologies has a 12-month low of $1.30 and a 12-month high of $2.05. The business’s fifty day simple moving average is $1.74 and its 200-day simple moving average is $1.65.
About Nocopi Technologies
Nocopi Technologies, Inc develops and commercializes security technologies designed to help authenticate products, documents and other items and deter counterfeiting. Its solutions are intended for brand protection, product authentication and the detection of unauthorized duplication or alteration.
The company’s offerings have included specialty security inks, coatings and marking technologies. These products can be incorporated into labels, packaging, printed materials and other items, allowing authentication through visible, covert or machine-readable features.
Nocopi Technologies has historically served commercial and institutional customers seeking anti-counterfeiting and authentication solutions.
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