Atomera Incorporated (NASDAQ:ATOM) Short Interest Update

Atomera Incorporated (NASDAQ:ATOM) was the target of a significant growth in short interest in 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 trading volume, of 408,200 shares, the days-to-cover ratio is presently 11.6 days.

Atomera Trading Down 10.1 %

Shares of NASDAQ:ATOM opened at $11.60 on Thursday. The company has a market capitalization of $333.82 million, a P/E ratio of -16.57 and a beta of 1.57. Atomera has a 1 year low of $2.31 and a 1 year high of $14.55. The company has a debt-to-equity ratio of 0.05, a current ratio of 5.25 and a quick ratio of 5.25. The business’s 50 day simple moving average is $6.85 and its 200 day simple moving average is $4.48.

Institutional Investors Weigh In On Atomera

A number of large investors have recently added to or reduced their stakes in ATOM. Consolidated Planning Corp bought a new stake in Atomera during the third quarter worth $40,000. Point72 Asia Singapore Pte. Ltd. bought a new stake in Atomera during the third quarter worth $44,000. XTX Topco Ltd bought a new stake in Atomera during the third quarter worth $76,000. GSA Capital Partners LLP lifted its stake in Atomera by 28.0% during the third quarter. GSA Capital Partners LLP now owns 65,428 shares of the technology company’s stock worth $172,000 after purchasing an additional 14,327 shares during the last quarter. Finally, Westside Investment Management Inc. lifted its stake in Atomera by 20.9% during the third quarter. Westside Investment Management Inc. now owns 115,700 shares of the technology company’s stock worth $304,000 after purchasing an additional 19,980 shares during the last quarter. Institutional investors and hedge funds own 30.79% of the company’s stock.

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.