Atomera Incorporated (NASDAQ:ATOM) Short Interest Update

Atomera Incorporated (NASDAQ:ATOM) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 4,730,000 shares, an increase of 8.5% from the November 30th total of 4,360,000 shares. Based on an average trading volume of 408,200 shares, the short-interest ratio is currently 11.6 days.

Atomera Price Performance

NASDAQ ATOM traded down $1.31 during trading on Wednesday, hitting $11.60. 1,182,483 shares of the company’s stock were exchanged, compared to its average volume of 297,488. The company has a market cap of $333.82 million, a PE ratio of -16.57 and a beta of 1.57. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05. Atomera has a fifty-two week low of $2.31 and a fifty-two week high of $14.55. The stock’s 50 day moving average price is $6.85 and its two-hundred day moving average price is $4.48.

Hedge Funds Weigh In On Atomera

A number of institutional investors have recently added to or reduced their stakes in ATOM. XTX Topco Ltd bought a new stake in shares of Atomera during the third quarter worth $76,000. GSA Capital Partners LLP lifted its stake in shares of Atomera by 28.0% in the 3rd quarter. GSA Capital Partners LLP now owns 65,428 shares of the technology company’s stock valued at $172,000 after acquiring an additional 14,327 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Atomera during the 2nd quarter valued at $512,000. Consolidated Planning Corp bought a new stake in Atomera during the 3rd quarter worth $40,000. Finally, Westside Investment Management Inc. increased its holdings in Atomera by 20.9% in the 3rd quarter. Westside Investment Management Inc. now owns 115,700 shares of the technology company’s stock worth $304,000 after purchasing an additional 19,980 shares in the last quarter. 30.79% of the stock is currently owned by institutional investors and hedge funds.

About Atomera

Atomera Incorporated engages in the developing, commercializing, and licensing proprietary processes and technologies for the semiconductor industry in North America and the Asia Pacific. The company's lead technology is the Mears Silicon Technology, a thin film of reengineered silicon that can be applied as a transistor channel enhancement to CMOS-type transistors.