Rank One Computing Corp. (NASDAQ:ROC) Sees Significant Decline in Short Interest

Rank One Computing Corp. (NASDAQ:ROC) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 24,258 shares, a drop of 49.8% from the June 30th total of 48,342 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 37,380 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ROC. Benchmark reissued a “buy” rating on shares of Rank One Computing in a report on Thursday, June 25th. 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. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Rank One Computing presently has an average rating of “Hold” and an average price target of $9.00.

Rank One Computing Stock Down 2.8%

Shares of ROC stock traded down $0.13 during mid-day trading on Tuesday, reaching $4.57. 2,819 shares of the company’s stock traded hands, compared to its average volume of 66,871. The stock has a market cap of $87.20 million and a price-to-earnings ratio of -25.39. Rank One Computing has a 12 month low of $3.71 and a 12 month high of $7.80. The firm’s 50 day moving average price is $4.86.

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