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

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

Noble Roman’s Price Performance

NROM opened at $0.67 on Monday. The company has a market capitalization of $15.19 million, a P/E ratio of 11.17 and a beta of 0.13. The firm’s fifty day moving average price is $0.50 and its two-hundred day moving average price is $0.39. Noble Roman’s has a fifty-two week low of $0.14 and a fifty-two week high of $0.74.

Noble Roman’s (OTCMKTS:NROM) last announced its quarterly earnings data on Monday, June 29th. The company reported $0.01 earnings per share (EPS) 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.

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.