Noble Roman’s Inc. (OTCMKTS:NROM) Short Interest Update

Noble Roman’s Inc. (OTCMKTS:NROM) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 20,346 shares, a decline of 59.5% from the June 30th total of 50,264 shares. Based on an average daily volume of 67,721 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Noble Roman’s Price Performance

Shares of NROM stock traded down $0.02 on Tuesday, reaching $0.66. 81,100 shares of the company were exchanged, compared to its average volume of 33,187. The company has a 50-day moving average of $0.51 and a 200-day moving average of $0.39. The company has a market cap of $14.97 million, a price-to-earnings ratio of 11.00 and a beta of 0.13. Noble Roman’s has a one year low of $0.14 and a one year high of $0.74.

Noble Roman’s (OTCMKTS:NROM) last issued its earnings results on Monday, June 29th. The company reported $0.01 EPS for the quarter. The business had revenue of $3.90 million during the quarter. Noble Roman’s had a return on equity of 38.57% and a net margin of 7.68%.

About Noble Roman’s

Noble Roman’s Inc is a fast‐casual restaurant franchisor specializing in pizza and Italian‐style menu offerings. The company licenses its Noble Roman’s Pizza brand as well as its Tuscano’s Italian Style Sub brand to franchisees and operates a limited number of company‐owned locations. Through these partnerships, it provides training, marketing support and proprietary recipes to ensure consistency across its network.

The company’s menu centers on large pies, pizza by the slice and hand‐tossed dough products such as pretzels, breadsticks and flatbread sandwiches.