5 Nanotech Penny Stocks to Consider

4. NanoViricides Inc. (NYSE:NNVC)

Number of Hedge Fund Holders: 3

NanoViricides Inc. (NYSE:NNVC) uses ion of nanomedicine technologies to address complex issues of viral diseases. NanoViricides Inc. (NYSE:NNVC)’s directly enables treatments to direct attacks at multiple points on a virus particle. In 2023, NanoViricides Inc. (NYSE:NNVC) has gained about 13% through June 29. In May, NanoViricides Inc. (NYSE:NNVC) filed for a $150 million mixed-shelf securities offering with the intention to use proceeds for general corporate purposes.

As of the end of the first quarter of 2023, 3 hedge funds tracked by Insider Monkey had stakes in NanoViricides Inc. (NYSE:NNVC). The most notable stakeholder of NanoViricides Inc. (NYSE:NNVC) was Citadel Investment Group of Ken Griffin.