Nano Labs Ltd (NASDAQ:NA) Short Interest Down 13.2% in February

Nano Labs Ltd (NASDAQ:NA) saw 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. Currently, 3.7% of the company’s stock are short sold. Based on an average trading volume of 75,100 shares, the short-interest ratio is presently 2.4 days.

Nano Labs Price Performance

NA traded up $0.19 during trading on Wednesday, hitting $4.90. The stock had a trading volume of 1,818 shares, compared to its average volume of 80,502. Nano Labs has a twelve month low of $2.75 and a twelve month high of $23.50. The company has a debt-to-equity ratio of 7.31, a current ratio of 0.72 and a quick ratio of 0.67. The stock has a 50 day simple moving average of $6.62 and a two-hundred day simple moving average of $6.65.

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.