Noble Roman's (NROM) Short Interest Ratio & Short Volume

Short interest is the volume of Noble Roman's shares that have been sold short but have not yet been covered or closed out. As of May 15th, traders have sold 10,100 shares of NROM short. Learn More on Noble Roman's' current short interest.

Noble Roman's saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 10,100 shares, an increase of 34.7% from the previous total of 7,500 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies in the industry of "eating places" compare to Noble Roman's: Good Times Restaurants Inc. (0.33%), BurgerFi International, Inc. (1.40%), Fresh Vine Wine, Inc. (0.07%), BT Brands, Inc. (0.42%), Reborn Coffee, Inc. (29.53%), BAB, Inc. (0.02%), Yoshiharu Global Co. (1.50%), FAT Brands Inc. (0.35%), McDonald's Co. (1.09%), Chipotle Mexican Grill, Inc. (2.84%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.81 billion), Charter Communications, Inc. ($3.30 billion), Occidental Petroleum Co. ($3.10 billion), General Motors ($2.84 billion), Moderna, Inc. ($2.77 billion), AppLovin Co. ($2.22 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.16 billion), Tractor Supply ($2.12 billion), and Williams-Sonoma, Inc. ($2.12 billion). View all of the most shorted stocks.

Short selling NROM is an investing strategy that aims to generate trading profit from Noble Roman's as its price is falling. NROM shares are trading up $0.04 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Noble Roman's occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of NROM, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NROM, twice per month. The most recent reporting period available is May, 15 2024.