Nocopi Technologies, Inc. (OTCMKTS:NNUP) Stock Short Interest Report for October

Nocopi Technologies, Inc. (OTCMKTS:NNUP) saw a large decline in short interest in October. As of October 30th, there was short interest totaling 378 shares, a decline of 79.3% from the October 15th total of 1,826 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,322 shares, the days-to-cover ratio is presently 0.0 days.

Nocopi Technologies Stock Performance

Shares of OTCMKTS NNUP traded up $0.25 during trading hours on Friday, hitting $1.75. 14,705 shares of the stock were exchanged, compared to its average volume of 4,461. The company’s fifty day simple moving average is $1.69 and its two-hundred day simple moving average is $1.64. Nocopi Technologies has a 1-year low of $1.30 and a 1-year high of $2.05.

Nocopi Technologies (OTCMKTS:NNUP) last posted its quarterly earnings results on Thursday, November 12th. The company reported $0.11 EPS for the quarter. Nocopi Technologies had a negative return on equity of 4.71% and a negative net margin of 32.71%. The company had revenue of $3.33 million during the quarter, compared to analysts’ expectations of $1.73 million. As a group, research analysts expect that Nocopi Technologies will post -0.04 earnings per share for the current fiscal year.

Nocopi Technologies Company Profile

Nocopi Technologies, Inc. develops and commercializes security technologies designed to help authenticate products, documents and other items and deter counterfeiting. Its solutions are intended for brand protection, product authentication and the detection of unauthorized duplication or alteration. The company’s offerings have included specialty security inks, coatings and marking technologies. These products can be incorporated into labels, packaging, printed materials and other items, allowing authentication through visible, covert or machine-readable features.