Nuburu, Inc. (NYSEAMERICAN:BURU) Short Interest Up 81.0% in January

Nuburu, Inc. (NYSEAMERICAN:BURU) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 42,485,506 shares, an increase of 81.0% from the January 15th total of 23,473,095 shares. Currently, 9.7% of the company’s shares are sold short. Based on an average daily volume of 35,141,520 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 35,141,520 shares, the days-to-cover ratio is presently 1.2 days. Currently, 9.7% of the company’s shares are sold short.

Nuburu Stock Down 20.4%

Shares of Nuburu stock traded down $0.02 on Friday, hitting $0.10. The stock had a trading volume of 113,684,017 shares, compared to its average volume of 35,983,608. Nuburu has a one year low of $0.09 and a one year high of $0.85. The stock’s 50-day simple moving average is $0.18 and its two-hundred day simple moving average is $0.22. The stock has a market cap of $41.83 million, a price-to-earnings ratio of 0.00 and a beta of 0.51.

Nuburu (NYSEAMERICAN:BURU) last announced its quarterly earnings results on Friday, November 14th. The company reported ($0.20) earnings per share for the quarter.

Institutional Trading of Nuburu

Large investors have recently modified their holdings of the business. Commonwealth Equity Services LLC purchased a new position in Nuburu during the 4th quarter valued at about $25,000. State Street Corp bought a new stake in shares of Nuburu in the 4th quarter worth approximately $48,000. Geode Capital Management LLC increased its stake in shares of Nuburu by 78.4% during the second quarter. Geode Capital Management LLC now owns 259,550 shares of the company’s stock valued at $91,000 after buying an additional 114,030 shares during the period. Allworth Financial LP purchased a new position in shares of Nuburu during the fourth quarter valued at approximately $94,000. Finally, UBS Group AG raised its holdings in shares of Nuburu by 10,337.6% during the third quarter. UBS Group AG now owns 4,370,024 shares of the company’s stock valued at $651,000 after acquiring an additional 4,328,156 shares in the last quarter. 41.61% of the stock is owned by institutional investors.

Nuburu Company Profile

Nuburu, trading on the NYSE American under the ticker BURU, is a U.S.-based photonics company specializing in the development and manufacture of high-power blue laser diodes and laser systems for industrial manufacturing applications. Leveraging proprietary gallium nitride (GaN) semiconductor technology, Nuburu’s lasers operate at a wavelength of 450 nanometers, offering significantly improved absorption in copper and copper alloys compared to traditional infrared lasers. This enables faster processing speeds, higher precision, and reduced thermal distortion in materials processing tasks such as welding, brazing, cladding, and powder bed fusion additive manufacturing.

Founded in 2018 and headquartered in Chapel Hill, North Carolina, Nuburu serves a global customer base that includes manufacturers in the automotive, electronics, aerospace, and additive manufacturing sectors.