Short Interest in Nuburu, Inc. (NYSEAMERICAN:BURU) Declines By 72.2%

Nuburu, Inc. (NYSEAMERICAN:BURU) was the recipient of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 15,687,831 shares, a decrease of 72.2% from the February 26th total of 56,381,959 shares. Currently, 16.3% of the company’s shares are short sold. Based on an average daily volume of 40,264,583 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 40,264,583 shares, the short-interest ratio is currently 0.4 days. Currently, 16.3% of the company’s shares are short sold.

Hedge Funds Weigh In On Nuburu

A number of institutional investors have recently modified their holdings of BURU. Millennium Management LLC bought a new position in Nuburu in the fourth quarter worth approximately $121,000. State Street Corp bought a new stake in Nuburu during the 4th quarter valued at $48,000. Commonwealth Equity Services LLC purchased a new position in shares of Nuburu in the 4th quarter valued at $25,000. Geode Capital Management LLC raised its position in shares of Nuburu by 103.6% in the 4th quarter. Geode Capital Management LLC now owns 1,001,765 shares of the company’s stock worth $159,000 after acquiring an additional 509,625 shares in the last quarter. Finally, Allworth Financial LP purchased a new stake in shares of Nuburu during the 4th quarter worth $94,000. 41.61% of the stock is owned by hedge funds and other institutional investors.

Nuburu Stock Up 1.0%

BURU stock traded up $0.00 during trading on Wednesday, hitting $0.18. The company had a trading volume of 74,240,749 shares, compared to its average volume of 22,144,039. Nuburu has a 52-week low of $0.17 and a 52-week high of $4.25. The company has a 50 day simple moving average of $0.56 and a 200-day simple moving average of $0.98. The firm has a market capitalization of $18.34 million, a P/E ratio of 0.00 and a beta of 0.58.

Nuburu Company Profile

Nuburu, trading on the NYSE American under the ticker BURU, is a U.S.-based photonics company specializing in the development and manufacture of high-power blue laser diodes and laser systems for industrial manufacturing applications. Leveraging proprietary gallium nitride (GaN) semiconductor technology, Nuburu’s lasers operate at a wavelength of 450 nanometers, offering significantly improved absorption in copper and copper alloys compared to traditional infrared lasers. This enables faster processing speeds, higher precision, and reduced thermal distortion in materials processing tasks such as welding, brazing, cladding, and powder bed fusion additive manufacturing.

Founded in 2018 and headquartered in Chapel Hill, North Carolina, Nuburu serves a global customer base that includes manufacturers in the automotive, electronics, aerospace, and additive manufacturing sectors.