Atomera Incorporated (NASDAQ:ATOM) Short Interest Update

Atomera Incorporated (NASDAQ:ATOM) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 4,660,000 shares, an increase of 8.1% from the January 15th total of 4,310,000 shares. Based on an average daily trading volume, of 763,800 shares, the short-interest ratio is currently 6.1 days.

Atomera Trading Down 8.1 %

Shares of ATOM stock opened at $6.11 on Monday. The stock has a market cap of $175.85 million, a price-to-earnings ratio of -8.73 and a beta of 1.38. The stock has a 50-day moving average of $9.82 and a 200-day moving average of $5.88. The company has a current ratio of 5.25, a quick ratio of 5.25 and a debt-to-equity ratio of 0.05. Atomera has a 1-year low of $2.31 and a 1-year high of $17.55.

Atomera (NASDAQ:ATOM) last issued its quarterly earnings results on Tuesday, February 11th. The technology company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.02). Atomera had a negative net margin of 2,773.11% and a negative return on equity of 104.98%.

Institutional Investors Weigh In On Atomera

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Atomera in the fourth quarter valued at about $242,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of Atomera during the 4th quarter valued at about $453,000. Northern Trust Corp boosted its position in shares of Atomera by 8.7% during the 4th quarter. Northern Trust Corp now owns 61,910 shares of the technology company’s stock valued at $718,000 after purchasing an additional 4,934 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Atomera by 19.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 54,400 shares of the technology company’s stock valued at $632,000 after purchasing an additional 8,700 shares in the last quarter. Finally, Avenir Corp boosted its position in shares of Atomera by 32.2% during the 4th quarter. Avenir Corp now owns 516,525 shares of the technology company’s stock valued at $5,992,000 after purchasing an additional 125,874 shares in the last quarter. Institutional investors and hedge funds own 30.79% of the company’s stock.

About Atomera

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.