Nocopi Technologies, Inc. (OTCMKTS:NNUP) sees a significant drop in short-term interest

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Nocopi Technologies, Inc. (OTCMKTS: NNUP – Get Rating) was the target of a significant drop in short-term interest in April. As of April 15, there was short interest totaling 1,100 shares, down 31.3% from the March 31 total of 1,600 shares. Based on an average daily volume of 543,600 shares, the day-to-cover ratio is currently 0.0 day.

Shares of OTCMKTS NNUP opened at $0.16 on Friday. Nocopi Technologies has a fifty-two week low of $0.13 and a fifty-two week high of $0.27. The company’s 50-day simple moving average is $0.18 and its 200-day simple moving average is $0.17.

About Nocopi Technologies (Get an assessment)

Nocopi Technologies, Inc. develops and markets specialty reactive inks for applications in the educational and toy markets, and technologies for document and product authentication. The company offers specialty inks for coloring books, activity kits, game sheets, disposable placemats, greeting cards, board games, promotional products or other applications on paper ; and anti-counterfeiting and anti-diversion technologies and products for various applications in the authentication of documents with intrinsic value, such as merchandise receipts, checks, travelers checks, gift certificates and event tickets, as well as services labeling and packaging of products.

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