Nano Labs Ltd (NASDAQ:NA) Short Interest Up 1,310.0% in September

Nano Labs Ltd (NASDAQ:NA) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 590,800 shares, a growth of 1,310.0% from the September 15th total of 41,900 shares. Approximately 6.2% of the company’s shares are short sold. Based on an average daily volume of 401,600 shares, the short-interest ratio is currently 1.5 days.

Nano Labs Trading Up 8.2 %

Shares of NASDAQ NA traded up $0.06 during mid-day trading on Friday, hitting $0.84. 90,368 shares of the stock traded hands, compared to its average volume of 485,602. The stock has a fifty day moving average price of $0.43 and a 200-day moving average price of $0.56. Nano Labs has a 52 week low of $0.27 and a 52 week high of $4.75.

About Nano Labs

Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. It develops high throughput computing and high-performance computing chips. The company also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology.