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

Inrad Optics, Inc. (OTCMKTS:INRD) was the target of a significant increase in short interest in 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 volume of 6,500 shares, the days-to-cover ratio is presently 0.4 days.

Inrad Optics Price Performance

OTCMKTS INRD opened at $1.49 on Thursday. Inrad Optics has a one year low of $0.45 and a one year high of $1.73. The stock has a 50-day moving average of $1.24 and a 200 day moving average of $1.33. The company has a market capitalization of $21.23 million, a price-to-earnings ratio of 16.56 and a beta of -0.29. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.17 and a current ratio of 3.43.

About Inrad Optics

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.