Noble Roman’s Inc. (OTCMKTS:NROM) Sees Large Increase in Short Interest

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

Noble Roman’s Trading Up 7.2%

NROM stock traded up $0.04 during trading on Friday, hitting $0.58. 17,050 shares of the stock traded hands, 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 one year low of $0.14 and a one year high of $0.74. The company has a 50 day simple moving average of $0.44 and a 200 day simple moving average of $0.37.

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

Noble Roman’s Company Profile

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.