Nano Labs Ltd (NASDAQ:NA) Short Interest Update

Nano Labs Ltd (NASDAQ:NA) saw a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 208,800 shares, a drop of 18.8% from the January 31st total of 257,100 shares. Approximately 4.5% of the shares of the company are sold short. Based on an average daily volume of 121,500 shares, the days-to-cover ratio is currently 1.7 days.

Nano Labs Trading Down 0.6 %

Shares of Nano Labs stock traded down $0.04 during trading hours on Thursday, hitting $5.57. 11,374 shares of the company were exchanged, compared to its average volume of 47,457. 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 business has a 50-day moving average of $7.21 and a 200-day moving average of $6.49. Nano Labs has a 1 year low of $2.75 and a 1 year high of $23.50.

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.