Nano Nuclear Energy Inc. (NASDAQ:NNE) Short Interest Update

Nano Nuclear Energy Inc. (NASDAQ:NNE) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 657,000 shares, a drop of 14.1% from the August 31st total of 764,800 shares. Currently, 3.8% of the company’s shares are sold short. Based on an average daily trading volume, of 2,760,000 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Benchmark reissued a “buy” rating and set a $39.00 price target on shares of Nano Nuclear Energy in a research note on Monday, July 15th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Nano Nuclear Energy stock. Commonwealth Equity Services LLC bought a new stake in Nano Nuclear Energy Inc. (NASDAQ:NNE) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,665 shares of the company’s stock, valued at approximately $250,000.

Nano Nuclear Energy Price Performance

Shares of Nano Nuclear Energy stock opened at $14.99 on Friday. The company’s fifty day simple moving average is $10.98. Nano Nuclear Energy has a 52 week low of $3.25 and a 52 week high of $37.51.

Nano Nuclear Energy (NASDAQ:NNE) last released its quarterly earnings data on Wednesday, August 14th. The company reported ($0.17) EPS for the quarter.

About Nano Nuclear Energy

NANO Nuclear Energy Inc is an emerging, advanced technology-driven nuclear energy company seeking to become a commercially focused, diversified and vertically integrated company across business lines cutting edge portable microreactor technology, nuclear fuel fabrication, nuclear fuel transportation and nuclear industry consulting services.