Research Frontiers Incorporated (NASDAQ:REFR) Stock Short Interest Report for October

Research Frontiers Incorporated (NASDAQ:REFR) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 591,379 shares, a decrease of 42.2% from the September 30th total of 1,022,632 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 152,485 shares, the short-interest ratio is presently 3.9 days.

Research Frontiers Price Performance

Research Frontiers stock traded up $0.00 during trading on Tuesday, reaching $0.36. 15,408 shares of the company were exchanged, compared to its average volume of 537,399. The stock’s 50 day simple moving average is $0.54 and its two-hundred day simple moving average is $0.75. The company has a market capitalization of $12.62 million, a P/E ratio of -5.17 and a beta of 0.59. Research Frontiers has a 52-week low of $0.34 and a 52-week high of $2.10.

Research Frontiers (NASDAQ:REFR) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported ($0.02) earnings per share for the quarter. Research Frontiers had a negative net margin of 344.56% and a negative return on equity of 168.54%. The firm had revenue of $0.09 million during the quarter.

Institutional Trading of Research Frontiers

A hedge fund recently bought a new position in Research Frontiers stock. BlackRock Inc. bought a new position in shares of Research Frontiers Incorporated (NASDAQ:REFR) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 532,542 shares of the technology company’s stock, valued at approximately $277,000. BlackRock Inc. owned 1.53% of Research Frontiers at the end of the most recent reporting period. Institutional investors and hedge funds own 11.91% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Research Frontiers in a research note on Monday, September 21st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Research Frontiers Company Profile

Research Frontiers, Inc (NASDAQ: REFR) develops and licenses technology for electronically controlled glass and other light-control products. Its principal technology, known as SPD-SmartGlass, uses suspended particles to regulate the amount of light passing through a window or panel. The technology can be used to provide variable tinting, glare control, solar heat management and privacy.

Research Frontiers generally operates as a licensing and technology-development company rather than as a manufacturer of finished glass products.