What’s Propelling Atomera Incorporated (NASDAQ:ATOM) After Higher Shorts Reported?

November 10, 2018 - By Alfred Lee

The stock of Atomera Incorporated (NASDAQ:ATOM) registered an increase of 1.69% in short interest. ATOM’s total short interest was 217,100 shares in November as published by FINRA. Its up 1.69% from 213,500 shares, reported previously. With 25,500 shares average volume, it will take short sellers 9 days to cover their ATOM’s short positions. The short interest to Atomera Incorporated’s float is 2.28%.

The stock decreased 3.10% or $0.12 during the last trading session, reaching $3.75. About 30,764 shares traded. Atomera Incorporated (NASDAQ:ATOM) has declined 18.17% since November 10, 2017 and is downtrending. It has underperformed by 33.79% the S&P500.

Atomera Incorporated, a semiconductor materials and intellectual property licensing company, engages in developing, commercializing, and licensing proprietary processes and technologies for the semiconductor industry. The company has market cap of $56.38 million. The Company’s lead technology is Mears Silicon Technology, or MST, a thin film of reengineered silicon that could be applied as a transistor channel enhancement to complementary metal-oxide semiconductor type transistors in the semiconductor industry. It currently has negative earnings. The firm was formerly known as Mears Technologies, Inc. and changed its name to Atomera Incorporated in January 2016.

More important recent Atomera Incorporated (NASDAQ:ATOM) news were published by: Globenewswire.com which released: “Atomera Provides Third Quarter 2018 Results” on November 01, 2018, also Seekingalpha.com published article titled: “Atomera, Inc. (ATOM) CEO Scott Bibaud on Q3 2018 Results – Earnings Call Transcript”, Globenewswire.com published: “Atomera Announces Closing of Public Offering of Common Stock” on October 15, 2018. More interesting news about Atomera Incorporated (NASDAQ:ATOM) was released by: Nasdaq.com and their article: “Atomera to Attend Roth 4th Annual Technology Corporate Access Day in New York City, NY on November 14, 2018” with publication date: November 07, 2018.

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