What’s Ahead for INRAD OPTICS INCORPORATED (OTCMKTS:INRD) After Less Shorted Shares?

February 14, 2018 - By Dolores Ford

The stock of INRAD OPTICS INCORPORATED (OTCMKTS:INRD) registered a decrease of 18.18% in short interest. INRD’s total short interest was 900 shares in February as published by FINRA. Its down 18.18% from 1,100 shares, reported previously. With 1,200 shares average volume, it will take short sellers 1 days to cover their INRD’s short positions.

The stock decreased 13.41% or $0.12 during the last trading session, reaching $0.78. About shares traded. Inrad Optics, Inc. (OTCMKTS:INRD) has 0.00% since February 14, 2017 and is . It has underperformed by 16.70% the S&P500.

Inrad Optics, Inc., together with its subsidiaries, develops, makes, and markets crystal optical components and devices, custom optical components, precision optical and opto-mechanical assemblies that are used in the photonics industry sectors. The company has market cap of $10.54 million. It provides optical components, optical coatings, and subassemblies for the military, aerospace, industrial, and medical marketplace; planar, prismatic, and spherical components fabricated from glass and synthetic crystals comprising mirrors, lenses, prisms, wave plates, polarizing optics, X-ray monochromators and mirrors, and cavity optics for lasers; and UV filter optical components for use in critical applications in defense systems, such as missile warning sensors. It currently has negative earnings. The firm also offers laser system devices and instrumentation products comprising electro-optic and nonlinear crystal devices for altering the intensity, polarization, or wavelength of a laser beam, as well as other crystal components for use in laser research, in commercial laser systems, and in detection of fast neutrons; and pockelsÂ’ cells and associated electronics.

More news for Inrad Optics, Inc. (OTCMKTS:INRD) were recently published by: Marketwatch.com, which released: “Inrad Optics Inc.” on July 10, 2017. Globenewswire.com‘s article titled: “Optical Coatings Market 2015-2022 – Global Strategic Business Report 2017 …” and published on February 17, 2017 is yet another important article.

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