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22 /100
COMPONENT-LIMITED
Score updated Oct 13, 2026

NVX — NOVONIX Limited Dilution Risk Tracker

Track NVX dilution risk with DilutionWatch's stock tracker. DilutionScore™ measures dilution risk across 5 factors — lower scores indicate higher risk of share dilution.

⚠️ Not financial advice. Do your own research before making any investment decisions.

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As of October 13, 2026, NOVONIX Limited (NVX) has a DilutionWatch DilutionScore of 22/100, rated LOW dilution risk. This is a component-limited score because one or more material inputs are unavailable or not applicable. NOVONIX Limited has a market capitalization of $2.03B, 840.07M shares outstanding, 34 institutional holders tracked.

This page includes automatically generated factual summaries from DilutionWatch data. It is not financial advice, not investment research, and not a recommendation. Do your own research. Read the full disclaimer and terms of service.

Score Breakdown

📋 Offering Ability
26
💰 Cash Runway
25
📊Float Risk—
⚠️ Warrant Exposure
15
🔄 Convertible Debt
15

Dilution Forecast

🌥️
Advisory
Moderate dilution signals present
model est. 27%
🔄 Reverse Split model est. 55%
• 50-day avg $0.71 below $1 exchange minimum
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Market Data

Market Cap$2.03B
Shares Outstanding840.07M
FloatN/A
Cash$79.87M
Debt$100.34M
Short InterestN/A

Source-Backed Evidence Depth

This public preview uses stored DilutionWatch fields and linked SEC/market records only. Missing values are not estimated.

FieldCurrent ValueBasis
DilutionScore22/100DilutionWatch score record
Shares Outstanding840.07MVerified float table or market cache
Public FloatNot availableVerified float table or market cache
Market Cap$2.03BMarket data cache
Cash RunwayNot availableDilutionWatch score inputs
Shelf CapacityNone in current score inputsSEC-derived dilution fields
ATM CapacityNone in current score inputsSEC-derived dilution fields
Outstanding WarrantsNone in current score inputsSEC-derived dilution fields

Recent source-backed SEC insight records available on this page: 0.

The page does not infer future share issuance, financing probability, cash needs, management intent, or price impact when source fields are absent.

Institutional Holdings

QoQ: ↑ 12.3% shares (2026Q1 vs prior)
34 institutional holders · 6.32M shares
#1 UBS Group AG 1.55M shares
#2 Forest Avenue Capital Management LP 1.20M shares
#3 MORGAN STANLEY 802.9K shares
+ 17 more holders Sign up free to view →

Institutional holder totals are aggregated from ownership filings and may use a different share basis or reporting date than public float. They are not a reconciliation against tradeable float.

Short Interest

Short Interest410.0K
Days to Cover16.6
% of FloatN/A
FINRA data as of Sep 30, 2026

Recent SEC Activity

No recent SEC insights

Recent News

No recent news available for this ticker.

DilutionScore History — Last 90 Days

NVX's DilutionScore is currently 22/100 (Low risk), with 2 score changes tracked over 89 days. The score deteriorated from 42/100 (Medium risk).

Period Score Risk Level Duration
Oct 11 – Oct 13, 202622/100LOW3 days
Aug 22 – Oct 10, 202642/100MEDIUM50 days
Jul 16 – Aug 21, 202636/100MEDIUM36 days

Score recalculated daily from SEC filings and market data. Sign up free for real-time score change alerts.

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Score Coverage Note