Apr. 28 at 11:55 AM
$NDLS Short interest fell sharply — down 38.8% in April to 163,862 shares (about 2.9% of the stock) with a days-to-cover ratio of 3.0 based on average daily volume.
Institutional buying accelerated, led by Goldman Sachs which increased its stake by 331% in Q1 to 110,666 shares; institutions and hedge funds now own about 65.67% of the company.
Noodles reported Q1 EPS of (
$0.43), beating estimates by
$0.29 on
$122.78M of revenue, and the stock recently traded near
$11.55 with a market cap of
$68.03M and a 12‑month range of
$3.57–
$12.11.
