NEXE Innovations Inc. (OTCMKTS:NEXNF – Get Free Report) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 1,646 shares, a decline of 95.0% from the September 30th total of 32,993 shares. Based on an average trading volume of 31,214 shares, the short-interest ratio is presently 0.1 days.
NEXE Innovations Stock Up 22.6%
OTCMKTS NEXNF opened at $0.10 on Tuesday. NEXE Innovations has a 52 week low of $0.07 and a 52 week high of $0.17. The firm’s 50-day simple moving average is $0.10 and its two-hundred day simple moving average is $0.10.
NEXE Innovations Company Profile
NEXE Innovations Inc is a Canadian company focused on developing and manufacturing compostable, plant-based products. Its primary product is the NEXE Pod, a single-serve coffee capsule designed to provide an alternative to conventional plastic and aluminum pods.
The company’s products are intended for use by coffee brands, roasters, retailers and consumers seeking more environmentally oriented packaging solutions. NEXE has also developed related compostable food and beverage products as part of its broader effort to reduce reliance on traditional single-use plastics.
NEXE Innovations is headquartered in Vancouver, British Columbia, and has focused its commercial activities on the North American market.
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