NOVONIX Limited (OTCMKTS:NVNXF) Stock Short Interest Rises 317.5%

NOVONIX Limited (OTCMKTS:NVNXF – Get Free Report) was the recipient of a significant 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. Based on an average trading volume of 354,042 shares, the short-interest ratio is currently 1.7 days. Approximately 0.3% of the shares of the company are short sold.

NOVONIX Price Performance

OTCMKTS:NVNXF opened at $0.07 on Friday. The business’s fifty day moving average is $0.09 and its 200 day moving average is $0.14. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.20. NOVONIX has a 52-week low of $0.05 and a 52-week high of $0.87.

NOVONIX Company Profile

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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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