Robot Consulting Co., Ltd. (NASDAQ:LAWR) Sees Large Decline in Short Interest

Robot Consulting Co., Ltd. (NASDAQ:LAWR) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 122,270 shares, a drop of 61.3% from the April 15th total of 316,318 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Institutional Investors Weigh In On Robot Consulting

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. HRT Financial LP purchased a new stake in Robot Consulting during the 4th quarter valued at $236,000. Quadrature Capital Ltd bought a new stake in Robot Consulting in the 4th quarter worth $115,000. Finally, Citadel Advisors LLC purchased a new position in shares of Robot Consulting in the third quarter valued at about $66,000.

Robot Consulting Price Performance

NASDAQ LAWR remained flat at $3.75 during trading on Thursday. 709,600 shares of the company’s stock traded hands. The business’s 50-day moving average price is $3.75 and its two-hundred day moving average price is $3.75. Robot Consulting has a twelve month low of $1.50 and a twelve month high of $4.84.

Robot Consulting (NASDAQ:LAWR) last released its quarterly earnings data on Monday, March 30th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $0.86 million during the quarter.

Robot Consulting Company Profile

Robot Consulting Co Ltd. is a platform service provider focusing on human resource solutions with an intention to expand into legal technology and the metaverse. The Company’s major product, Labor Robot, is a cloud-based human resource management system which helps users track employee attendance, manage sales orders and journalize accounting items. Robot Consulting Co Ltd. is based in Tokyo, Japan.