Short Interest in Noble Roman’s, Inc. (OTCMKTS:NROM) Drops By 80.2%

Noble Roman’s, Inc. (OTCMKTS:NROM) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totalling 8,500 shares, a decrease of 80.2% from the June 30th total of 42,900 shares. Based on an average trading volume of 16,700 shares, the days-to-cover ratio is currently 0.5 days.

Noble Roman’s Price Performance

Shares of Noble Roman’s stock traded down $0.02 during trading on Friday, reaching $0.32. 250 shares of the stock traded hands, compared to its average volume of 6,572. Noble Roman’s has a 52-week low of $0.19 and a 52-week high of $0.52. The business has a fifty day simple moving average of $0.38 and a two-hundred day simple moving average of $0.37. The company has a market capitalization of $7.55 million, a price-to-earnings ratio of 8.01 and a beta of 0.88.

Noble Roman’s (OTCMKTS:NROM) last released its quarterly earnings data on Monday, May 13th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $3.33 million for the quarter. Noble Roman’s had a return on equity of 31.35% and a net margin of 5.63%.

Noble Roman’s Company Profile

Noble Roman's, Inc sells and services franchises, and licenses and operates foodservice locations for stand-alone restaurants and non-traditional foodservice operations. The company franchises, licenses, and operates foodservice locations under the Noble Roman's Craft Pizza & Pub, Noble Roman's Pizza, Noble Roman's Take-N-Bake, and Tuscano's Italian Style Subs trade names, which provide breadsticks and cheesy stix with dip, pizza, pasta, salads, wings, baked sandwiches, and other related breakfast products, as well as a selection of desserts.