Short Interest in Noble Roman’s Inc. (OTCMKTS:NROM) Drops By 59.5%

Noble Roman’s Inc. (OTCMKTS:NROM) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 20,346 shares, a decline of 59.5% from the June 30th total of 50,264 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 67,721 shares, the short-interest ratio is currently 0.3 days.

Noble Roman’s Price Performance

OTCMKTS NROM traded down $0.01 on Wednesday, hitting $0.65. 1,500 shares of the stock were exchanged, compared to its average volume of 32,890. The business’s fifty day moving average is $0.52 and its 200 day moving average is $0.39. Noble Roman’s has a 52 week low of $0.14 and a 52 week high of $0.74. The company has a market capitalization of $14.74 million, a PE ratio of 10.84 and a beta of 0.13.

Noble Roman’s (OTCMKTS:NROM) last announced its quarterly earnings results on Monday, June 29th. The company reported $0.01 EPS for the quarter. Noble Roman’s had a net margin of 7.68% and a return on equity of 38.57%. 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.