Nocopi Technologies, Inc. (OTCMKTS:NNUP) Short Interest Up 189.4% in August

Nocopi Technologies, Inc. (OTCMKTS:NNUP) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 1,114 shares, a growth of 189.4% from the August 15th total of 385 shares. Based on an average trading volume of 4,634 shares, the days-to-cover ratio is presently 0.2 days.

Nocopi Technologies Price Performance

Shares of NNUP stock opened at $1.73 on Monday. Nocopi Technologies has a 1 year low of $1.31 and a 1 year high of $2.05. The firm has a fifty day moving average price of $1.73 and a 200-day moving average price of $1.64.

About Nocopi Technologies

Nocopi Technologies, Inc develops and markets specialty reactive inks for applications in the educational and toy product markets, and technologies for document and product authentication. The company offers specialty inks for coloring books, activity kits, play sheets, single use place mats, greeting cards, board games, promotional products, or other paper-based applications; and anti-counterfeiting and anti-diversion technologies and products for various applications in the authentication of documents having intrinsic value, such as merchandise receipts, checks, travellers' checks, gift certificates, and event tickets, as well as product labelling and packaging services.