Short Interest in Nuburu, Inc. (NYSEAMERICAN:BURU) Increases By 126.6%

Nuburu, Inc. (NYSEAMERICAN:BURU) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 420,100 shares, a growth of 126.6% from the March 31st total of 185,400 shares. Based on an average trading volume of 853,100 shares, the days-to-cover ratio is presently 0.5 days. Approximately 2.3% of the company’s shares are short sold.

Nuburu Stock Performance

Shares of NYSEAMERICAN:BURU traded up $0.01 during mid-day trading on Friday, reaching $0.17. 221,302 shares of the stock were exchanged, compared to its average volume of 1,165,897. The company has a market cap of $6.39 million, a PE ratio of -0.27 and a beta of 0.12. Nuburu has a one year low of $0.13 and a one year high of $2.15.

About Nuburu

Nuburu, Inc develops high power precision blue light engine lasers for the metal processing and 3D printing industries worldwide. The company offers Nuburu AO and NUBURU BL series lasers. Its products have applications in battery, e-mobility, consumer electronics, and 3D printing metal systems. Nuburu, Inc is headquartered in Centennial, Colorado.