Nano Labs Ltd (NASDAQ:NA) Short Interest Update

Nano Labs Ltd (NASDAQ:NA) saw a significant decline in short interest during the month of October. As of October 31st, there was short interest totalling 18,400 shares, a decline of 94.8% from the October 15th total of 354,500 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 53,500 shares, the short-interest ratio is presently 0.3 days.

Nano Labs Stock Up 134.0 %

Shares of NA stock traded up $4.41 during trading on Tuesday, hitting $7.70. 1,396,751 shares of the stock traded hands, compared to its average volume of 54,710. Nano Labs has a 52-week low of $2.75 and a 52-week high of $47.50. The firm’s fifty day moving average price is $5.46 and its 200-day moving average price is $4.74.

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.