Nocopi Technologies, Inc. (OTCMKTS:NNUP) Sees Large Increase in Short Interest

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Nocopi Technologies, Inc. (OTCMKTS:NNUP) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 5,300 shares, an increase of 26.2% from the August 15th total of 4,200 shares. Based on an average daily volume of 139,300 shares, the days-to-cover ratio is presently 0.0 days.

OTCMKTS:NNUP traded down $0.01 during mid-day trading on Wednesday, reaching $0.18. 4,550 shares of the company were exchanged, compared to its average volume of 105,082. Nocopi Technologies has a 12 month low of $0.03 and a 12 month high of $0.25. The company has a fifty day moving average of $0.18 and a 200 day moving average of $0.12.

Nocopi Technologies Company Profile

Nocopi Technologies, Inc develops and distributes document security products in the United States and internationally. The company also licenses its patented reactive ink technologies for the entertainment and toy, and document and product authentication markets. It 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, travelers' checks, gift certificates, and event tickets, as well as product labeling and packaging.

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