Short Interest in Nuburu, Inc. (NYSEAMERICAN:BURU) Increases By 126.6%

Nuburu, Inc. (NYSEAMERICAN:BURU) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 420,100 shares, a growth of 126.6% from the March 31st total of 185,400 shares. Based on an average trading volume of 853,100 shares, the days-to-cover ratio is presently 0.5 days. Currently, 2.3% of the company’s shares are sold short.

Nuburu Trading Up 5.0 %

Shares of BURU stock traded up $0.01 during mid-day trading on Friday, reaching $0.17. The stock had a trading volume of 221,302 shares, compared to its average volume of 1,165,897. Nuburu has a 52-week low of $0.13 and a 52-week high of $2.15. The stock has a market capitalization of $6.39 million, a price-to-earnings ratio of -0.27 and a beta of 0.12.

About Nuburu

Nuburu, Inc develops high power precision blue light engine lasers for the metal processing and 3D printing industries worldwide. The company offers Nuburu AO and NUBURU BL series lasers. Its products have applications in battery, e-mobility, consumer electronics, and 3D printing metal systems. Nuburu, Inc is headquartered in Centennial, Colorado.