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

Noble Roman’s, Inc. (OTCMKTS:NROM) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 5,900 shares, a decline of 39.8% from the February 28th total of 9,800 shares. Based on an average daily trading volume, of 36,100 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Noble Roman’s Stock Performance

NROM remained flat at $0.31 on Friday. Noble Roman’s has a 52-week low of $0.24 and a 52-week high of $0.52. The stock has a 50 day moving average price of $0.38 and a two-hundred day moving average price of $0.36. The company has a market cap of $6.89 million, a P/E ratio of 10.34 and a beta of 0.87.

About Noble Roman’s

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.