Neo Performance Materials Inc. (OTCMKTS:NOPMF) Short Interest Update

Neo Performance Materials Inc. (OTCMKTS:NOPMF) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 766,900 shares, agrowthof51.8% from the July 15th total of 505,100 shares. Based on an average daily volume of 151,800 shares, the days-to-cover ratio is presently 5.1 days. Based on an average daily volume of 151,800 shares, the days-to-cover ratio is presently 5.1 days.

Neo Performance Materials Stock Performance

Shares of OTCMKTS NOPMF opened at $12.05 on Thursday. Neo Performance Materials has a one year low of $4.93 and a one year high of $13.30. The business has a fifty day simple moving average of $11.22 and a 200 day simple moving average of $8.24.

Neo Performance Materials Company Profile

Neo Performance Materials Inc engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.