Noble Roman’s, Inc. (OTCMKTS:NROM) Sees Significant Drop in Short Interest

Noble Roman’s, Inc. (OTCMKTS:NROM) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 9,800 shares, a decrease of 30.5% from the January 31st total of 14,100 shares. Based on an average daily volume of 93,100 shares, the days-to-cover ratio is presently 0.1 days.

Noble Roman’s Price Performance

Shares of OTCMKTS:NROM traded up $0.06 on Tuesday, reaching $0.40. 25,810 shares of the company traded hands, compared to its average volume of 32,090. Noble Roman’s has a fifty-two week low of $0.24 and a fifty-two week high of $0.52. The company’s 50 day moving average is $0.39 and its 200-day moving average is $0.36. The stock has a market capitalization of $8.88 million, a PE ratio of 13.33 and a beta of 0.90.

Noble Roman’s Company Profile

Noble Roman's, Inc sells and services franchises, and licenses and operates foodservice locations for stand-alone restaurants and non-traditional foodservice operations. The company franchises, licenses, and operates foodservice locations under the Noble Roman's Craft Pizza & Pub, Noble Roman's Pizza, Noble Roman's Take-N-Bake, and Tuscano's Italian Style Subs trade names, which provide breadsticks and cheesy stix with dip, pizza, pasta, salads, wings, baked sandwiches, and other related breakfast products, as well as a selection of desserts.