Rank One Computing Corp. (NASDAQ:ROC) Sees Large Growth in Short Interest

Rank One Computing Corp. (NASDAQ:ROC) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 48,342 shares, a growth of 1,268.7% from the June 15th total of 3,532 shares. Based on an average daily volume of 246,592 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the shares of the stock are sold short.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Wall Street Zen upgraded Rank One Computing to a “hold” rating in a research note on Saturday, March 14th. Weiss Ratings initiated coverage on shares of Rank One Computing in a report on Friday, May 22nd. They issued a “sell (e-)” rating on the stock. Finally, Benchmark reissued a “buy” rating on shares of Rank One Computing in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $9.00.

Rank One Computing Stock Up 4.1%

Shares of NASDAQ ROC traded up $0.20 during midday trading on Friday, reaching $5.04. 19,889 shares of the stock traded hands, compared to its average volume of 68,835. The stock has a 50 day moving average of $5.07. Rank One Computing has a one year low of $3.71 and a one year high of $7.80. The company has a market capitalization of $96.16 million and a PE ratio of -28.00.

Rank One Computing (NASDAQ:ROC) last announced its quarterly earnings results on Tuesday, March 31st. The company reported ($0.12) earnings per share for the quarter. The company had revenue of $3.49 million for the quarter.

Rank One Computing Company Profile

ROC is an independent American artificial intelligence company redefining the global standard for Vision AI in identity, security, and digital forensics. Our Vision AI platform delivers real-time facial recognition, multimodal biometric verification, video analytics, and AI-powered evidence analysis to mission-critical organizations across both private and public sectors. ROC’s biometric algorithms are routinely ranked by the National Institute of Standards and Technology (“NIST”) as among the most accurate and computationally efficient globally.