Nano Nuclear Energy Inc. Lower Austria Shares fell slightly on Tuesday after gaining nearly 90% over the past five days. Here’s a look at what’s happening.

What you should know: Last week, Nano announced the appointment of former Congressman Daniel M. Donovan Jr. in the Executive Advisory Board and the signing of a Memorandum of Understanding (MOU) with the Rwanda Atomic Energy Authority (RAEB) to promote the development of nuclear energy in the country.

On Monday, the former president Donald Trump promised, if elected, to repeal the EPA’s “power plant rule” and accelerate the deployment of modern small modular nuclear reactors, sending Nano Nuclear’s stock price up 27% during the session.

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In addition, Nano Nuclear announced Tuesday that it has acquired a 1.64-acre site in Oak Ridge, Tennessee, which includes a two-story, 14,000-square-foot building that will house its corporate headquarters. The company expects to eventually employ up to 30 people at the facility.

Nano Nuclear shares have been trading on high volume, with increasing interest from retail investors. There is also outsized short selling, with 25.37% of shares sold short, according to data from Benzinga Pro.

Now you’re probably curious about how you can participate in the nanonuclear energy market – whether by buying shares or even trying to bet against the company.

Buying stocks is usually done through a brokerage account. You can find a list of possible trading platforms here. Many allow you to buy “fractional shares,” which allows you to own portions of stocks without buying a whole share. For example, some stocks, like Berkshire Hathaway or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of it, you can do so with brokerage firms.

If you want to bet against a company, the process is more complex. You’ll need access to an options trading platform or a broker that allows you to “short” a stock by lending you the shares to sell. For information on how to short a stock, see this resource. If your broker allows you to trade options, you can either buy a put option or sell a call option at a strike price that’s above the current stock price. Either way, you can profit from the price drop.

NNE price promotion: Nano Nuclear Energy shares ended Tuesday’s session down 1.45% at $10.91, according to Benzinga Pro.

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Photo: Pete Linforth from Pixabay