Inrad Optics, Inc. (OTCMKTS:INRD) Short Interest Update

Inrad Optics, Inc. (OTCMKTS:INRDGet Free Report) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 2,400 shares, an increase of 2,300.0% from the February 29th total of 100 shares. Based on an average daily trading volume, of 6,500 shares, the days-to-cover ratio is currently 0.4 days.

Inrad Optics Stock Performance

INRD stock opened at $1.49 on Thursday. Inrad Optics has a 12 month low of $0.45 and a 12 month high of $1.73. The firm has a 50 day moving average of $1.24 and a two-hundred day moving average of $1.33. The company has a quick ratio of 2.17, a current ratio of 3.43 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $21.23 million, a price-to-earnings ratio of 16.56 and a beta of -0.29.

About Inrad Optics

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Inrad Optics, Inc, together with its subsidiaries, develops, manufactures, and markets glass, crystal, and metal based optical components, and sub-assemblies. It offers UV-IR optics and assemblies, such as precision custom optics and thin film optical coatings; glass and single crystal substrates; and deposit optical thin films, and assemble sub-components used in advanced photonic systems.

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