Nano Labs Ltd (NASDAQ:NA) Short Interest Update

Nano Labs Ltd (NASDAQ:NA) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 181,300 shares, a drop of 13.2% from the February 13th total of 208,800 shares. Approximately 3.7% of the company’s shares are sold short. Based on an average daily volume of 75,100 shares, the days-to-cover ratio is currently 2.4 days.

Nano Labs Stock Down 0.4 %

Shares of NASDAQ NA opened at $5.18 on Friday. The firm has a 50 day moving average price of $6.52 and a two-hundred day moving average price of $6.63. Nano Labs has a 52-week low of $2.75 and a 52-week high of $23.50. The company has a debt-to-equity ratio of 7.31, a quick ratio of 0.67 and a current ratio of 0.72.

Nano Labs Company Profile

Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the People's Republic of China and internationally. It develops high throughput computing and high-performance computing chips. The company also offers distributed computing and storage solutions, smart network interface cards, and vision computing chips, as well as distributed rendering technology.