Nano Magic Inc. (OTCMKTS:NMGX) Short Interest Update

Nano Magic Inc. (OTCMKTS:NMGX) saw a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 5,100 shares, a decline of 33.8% from the November 15th total of 7,700 shares. Based on an average trading volume of 2,400 shares, the short-interest ratio is presently 2.1 days.

Nano Magic Price Performance

Shares of NMGX stock remained flat at $0.73 during trading hours on Friday. The business has a 50-day moving average of $0.65 and a 200-day moving average of $0.78. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.54 and a quick ratio of 0.17. Nano Magic has a 12-month low of $0.30 and a 12-month high of $2.00.

Nano Magic Company Profile

Nano Magic Inc develops, commercializes, and markets consumer and industrial products using nanotechnology in the United States and Canada. The company offers liquid and towelette formulations for cleaning and protecting clear surfaces, such as electronic touchscreens, windshields, windows, mirrors, shower doors, eyeglasses, and sunglass lenses; liquid formulation packaged for retail and industrial sale for cleaning surfaces; and anti-fogging liquid and towelette formulations for sporting product applications and goggles.