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

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

Noble Roman’s Price Performance

OTCMKTS:NROM remained flat at $0.31 during trading hours on Friday. Noble Roman’s has a twelve month low of $0.24 and a twelve month high of $0.52. The company has a market capitalization of $6.89 million, a P/E ratio of 10.34 and a beta of 0.87. The firm’s 50 day simple moving average is $0.38 and its two-hundred day simple moving average is $0.36.

Noble Roman’s Company Profile

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.