Short Interest in NOVONIX Limited (OTCMKTS:NVNXF) Decreases By 16.7%

NOVONIX Limited (OTCMKTS:NVNXF) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 1,228,200 shares, a drop of 16.7% from the March 31st total of 1,474,300 shares. Based on an average trading volume of 160,500 shares, the short-interest ratio is currently 7.7 days.

NOVONIX Stock Down 1.8 %

NVNXF stock opened at $0.54 on Friday. The stock has a 50-day moving average price of $0.60 and a 200-day moving average price of $0.50. NOVONIX has a 1-year low of $0.32 and a 1-year high of $0.85. The company has a debt-to-equity ratio of 0.37, a current ratio of 11.37 and a quick ratio of 11.12.

NOVONIX Company Profile

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments.