Atomera Incorporated (NASDAQ:ATOM) Sees Large Increase in Short Interest

Atomera Incorporated (NASDAQ:ATOM - Get Free Report) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 4,730,000 shares, a growth of 8.5% from the November 30th total of 4,360,000 shares. Based on an average daily volume of 408,200 shares, the short-interest ratio is presently 11.6 days.

Atomera Price Performance

Shares of Atomera stock traded down $1.31 during trading on Tuesday, hitting $11.60. The stock had a trading volume of 1,182,483 shares, compared to its average volume of 297,488. The business has a fifty day moving average of $6.68 and a two-hundred day moving average of $4.43. Atomera has a fifty-two week low of $2.31 and a fifty-two week high of $14.55. The firm has a market cap of $333.82 million, a P/E ratio of -16.57 and a beta of 1.57. The company has a debt-to-equity ratio of 0.05, a current ratio of 5.25 and a quick ratio of 5.25.

Institutional Investors Weigh In On Atomera

Institutional investors and hedge funds have recently bought and sold shares of the business. GSA Capital Partners LLP boosted its stake in shares of Atomera by 28.0% during the 3rd quarter. GSA Capital Partners LLP now owns 65,428 shares of the technology company's stock worth $172,000 after acquiring an additional 14,327 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Atomera by 5.0% during the third quarter. Geode Capital Management LLC now owns 308,464 shares of the technology company's stock valued at $811,000 after purchasing an additional 14,818 shares during the last quarter. Consolidated Planning Corp purchased a new position in Atomera in the 3rd quarter worth about $40,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Atomera in the 3rd quarter worth about $44,000. Finally, Westside Investment Management Inc. raised its holdings in Atomera by 20.9% during the 3rd quarter. Westside Investment Management Inc. now owns 115,700 shares of the technology company's stock worth $304,000 after buying an additional 19,980 shares during the period. 30.79% of the stock is owned by institutional investors and hedge funds.

Atomera Company Profile

Atomera Incorporated engages in the developing, commercializing, and licensing proprietary processes and technologies for the semiconductor industry in North America and the Asia Pacific. The company's lead technology is the Mears Silicon Technology, a thin film of reengineered silicon that can be applied as a transistor channel enhancement to CMOS-type transistors.