NOVONIX Limited (OTCMKTS:NVNXF) Short Interest Update

NOVONIX Limited (OTCMKTS:NVNXF) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 14,772,300 shares, an increase of 8,825.9% from the September 30th total of 165,500 shares. Based on an average trading volume of 5,752,300 shares, the short-interest ratio is currently 2.6 days. Based on an average trading volume of 5,752,300 shares, the short-interest ratio is currently 2.6 days.

NOVONIX Stock Performance

Shares of NOVONIX stock opened at $0.42 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.90 and a debt-to-equity ratio of 0.27. NOVONIX has a 52-week low of $0.18 and a 52-week high of $0.87. The company has a 50 day moving average of $0.40 and a 200 day moving average of $0.33.

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.