Nocopi Technologies, Inc. (OTCMKTS:NNUP) Stock Short Interest Jumps 92.6%

Nocopi Technologies, Inc. (OTCMKTS:NNUP – Get Free Report) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 2,798 shares, an increase of 92.6% from the September 15th total of 1,453 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 1,514 shares, the days-to-cover ratio is currently 1.8 days.

Nocopi Technologies Stock Performance

Shares of OTCMKTS:NNUP remained flat at $1.75 during trading on Wednesday. 110 shares of the stock traded hands, compared to its average volume of 835. The company has a 50-day moving average of $1.76 and a 200 day moving average of $1.66. Nocopi Technologies has a twelve month low of $1.31 and a twelve month high of $2.05.

About Nocopi Technologies

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Nocopi Technologies, Inc develops and markets authentication and anti-counterfeiting technologies. Its products are designed to help manufacturers, brand owners and other organizations verify the authenticity of products, documents and packaging and to deter counterfeiting, diversion and unauthorized distribution.

The company’s offerings have included proprietary security inks, chemical markers and other authentication solutions that can be incorporated into labels, packaging, printed materials and products.

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