Shares of Meta Materials Inc. (NASDAQ: MMAT), a Canada-based manufacturer of functional material and nanocomposites, have been in a rally mode since the start of the week.
Meta Materials's (NASDAQ:MMAT) short percent of float has risen 6.72% since its last report. The company recently reported that it has 7.65 million shares sold short, which is 2.7% of all regular shares that are available for trading.