Short interest in NOVONIX Ltd (NASDAQ:NVX) increased during the last reporting period, rising from 66.50K to 120.58K. This put 0.12% of the company's publicly available shares short.

Short interest for NOVONIX gives investors a sense of the degree to which investors are betting on the decline of NOVONIX's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 42.82K shares traded per day, it would take 2.82 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.