Short Interest in Noble Roman’s Inc. (OTCMKTS:NROM) Expands By 3,427.3%

Noble Roman’s Inc. (OTCMKTS:NROM) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 50,264 shares, an increase of 3,427.3% from the June 15th total of 1,425 shares. Based on an average trading volume of 93,020 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s stock are sold short.

Noble Roman’s Price Performance

NROM traded up $0.04 on Friday, reaching $0.58. The company’s stock had a trading volume of 17,050 shares, compared to its average volume of 39,344. The stock has a market cap of $13.15 million, a price-to-earnings ratio of 9.67 and a beta of 0.13. Noble Roman’s has a 1 year low of $0.14 and a 1 year high of $0.74. The business’s 50 day moving average is $0.44 and its 200 day moving average is $0.37.

Noble Roman’s (OTCMKTS:NROM) last issued its quarterly earnings data on Monday, June 29th. The company reported $0.01 earnings per share for the quarter. Noble Roman’s had a return on equity of 38.57% and a net margin of 7.68%.The firm had revenue of $3.90 million during the quarter.

About Noble Roman’s

Noble Roman’s Inc is a fast‐casual restaurant franchisor specializing in pizza and Italian‐style menu offerings. The company licenses its Noble Roman’s Pizza brand as well as its Tuscano’s Italian Style Sub brand to franchisees and operates a limited number of company‐owned locations. Through these partnerships, it provides training, marketing support and proprietary recipes to ensure consistency across its network.

The company’s menu centers on large pies, pizza by the slice and hand‐tossed dough products such as pretzels, breadsticks and flatbread sandwiches.