NOVONIX Limited (OTCMKTS:NVNXF) Short Interest Update

NOVONIX Limited (OTCMKTS:NVNXF) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,702,700 shares, a growth of 25.1% from the January 15th total of 1,361,200 shares. Based on an average daily volume of 299,600 shares, the days-to-cover ratio is currently 5.7 days.

NOVONIX Stock Performance

Shares of NVNXF stock traded down $0.02 during mid-day trading on Friday, hitting $0.35. 66,685 shares of the company’s stock were exchanged, compared to its average volume of 121,553. The company has a debt-to-equity ratio of 0.44, a current ratio of 6.15 and a quick ratio of 5.94. The stock has a 50-day simple moving average of $0.41 and a two-hundred day simple moving average of $0.44. NOVONIX has a fifty-two week low of $0.23 and a fifty-two week high of $0.79.

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.