Short Interest in Laser Photonics Co. (NASDAQ:LASE) Expands By 72.2%

Laser Photonics Co. (NASDAQ:LASE) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 573,300 shares, a growth of 72.2% from the March 31st total of 332,900 shares. Currently, 15.1% of the shares of the company are short sold. Based on an average daily trading volume, of 2,280,000 shares, the short-interest ratio is presently 0.3 days.

Laser Photonics Price Performance

LASE stock opened at $2.06 on Monday. The stock has a market capitalization of $19.10 million, a price-to-earnings ratio of -5.83 and a beta of 3.98. The business’s fifty day moving average price is $1.70 and its two-hundred day moving average price is $1.25. Laser Photonics has a fifty-two week low of $0.67 and a fifty-two week high of $4.48.

Laser Photonics (NASDAQ:LASE) last released its earnings results on Monday, April 15th. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $0.80 million during the quarter.

About Laser Photonics

Laser Photonics Corporation provides integrated laser blasting solutions for corrosion control, rust removal, de-coating, pre- and post-welding, laser cleaning, and surface conditioning in the Americas, Europe, Asia, the Middle East, and North Africa. It offers laser cleaning systems, such as CleanTech Titan FX for cleaning, rust removal, and surface conditioning; CleanTech Titan Express, a high-power fiber laser for cleaning and surface conditioning; CleanTech MegaCenter, an industrial-grade laser parts cleaning, rust removal, and surface conditioning system; CleanTech Handheld LPC-100CTH, an air-cooled pulsed laser systems; CleanTech Handheld LPC-200CTH, a manual handheld laser surface cleaning model; CleanTech Handheld LPC-300CTH, a water-cooled laser system; CleanTech Handheld LPC-1000CTH, a laser cleaning tool; CleanTech Handheld 2000-CTH Jobsite for industrial cleaning, rust and paint removal, and surface preparation; CleanTech Handheld NCX, a portable laser surface cleaning and conditioning system; CleanTech Robot, a robotic laser cleaning system, CleanTech Laser Blaster Cabinet, a laser cleaning machine; and CleanTech EZ- Rider, a laser cleaning tool.