Nocopi Technologies, Inc. (OTCMKTS:NNUP) Stock Short Interest Jumps 92.6%

Nocopi Technologies, Inc. (OTCMKTS:NNUP – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 2,798 shares, a growth of 92.6% from the September 15th total of 1,453 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,514 shares, the days-to-cover ratio is presently 1.8 days.

Nocopi Technologies Price Performance

OTCMKTS NNUP remained flat at $1.75 during trading on Wednesday. The company’s stock had a trading volume of 110 shares, compared to its average volume of 835. The stock has a 50-day simple moving average of $1.76 and a 200 day simple moving average of $1.66. Nocopi Technologies has a 12 month low of $1.31 and a 12 month high of $2.05.

Nocopi Technologies Company Profile

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Nocopi Technologies, Inc develops and markets authentication and anti-counterfeiting technologies. Its products are designed to help manufacturers, brand owners and other organizations verify the authenticity of products, documents and packaging and to deter counterfeiting, diversion and unauthorized distribution.

The company’s offerings have included proprietary security inks, chemical markers and other authentication solutions that can be incorporated into labels, packaging, printed materials and products.

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