Nocopi Technologies, Inc. (OTCMKTS:NNUP) Stock Short Interest Drops 34.7%

Nocopi Technologies, Inc. (OTCMKTS:NNUP) saw 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. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,133 shares, the days-to-cover ratio is currently 1.6 days.

Nocopi Technologies Price Performance

Shares of Nocopi Technologies stock opened at $1.60 on Monday. Nocopi Technologies has a one year low of $1.30 and a one year high of $2.05. The business has a 50-day simple moving average of $1.74 and a 200 day simple moving average of $1.65.

Nocopi Technologies Company Profile

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.