Short Interest in Rank One Computing Corp. (NASDAQ:ROC) Declines By 63.1%

Rank One Computing Corp. (NASDAQ:ROC) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 3,532 shares, a drop of 63.1% from the May 31st total of 9,577 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 30,643 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

ROC has been the topic of several analyst reports. Weiss Ratings initiated coverage on Rank One Computing in a report on Friday, May 22nd. They set a “sell (e-)” rating on the stock. Benchmark restated a “buy” rating on shares of Rank One Computing in a research note on Thursday, June 25th. Finally, Wall Street Zen raised Rank One Computing to a “hold” rating in a research report on Saturday, March 14th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $9.00.

Rank One Computing Stock Performance

Rank One Computing stock traded down $0.38 during mid-day trading on Tuesday, hitting $5.27. 36,578 shares of the company’s stock traded hands, compared to its average volume of 71,275. The company has a 50 day moving average of $5.27. Rank One Computing has a fifty-two week low of $3.71 and a fifty-two week high of $7.80. The stock has a market capitalization of $100.55 million and a PE ratio of -29.28.

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

About Rank One Computing

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.