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

Rank One Computing Corp. (NASDAQ:ROC) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 24,258 shares, a decrease of 49.8% from the June 30th total of 48,342 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 37,380 shares, the days-to-cover ratio is presently 0.6 days.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Benchmark restated a “buy” rating on shares of Rank One Computing in a report on Thursday, June 25th. Weiss Ratings assumed coverage on shares of Rank One Computing in a research note on Friday, May 22nd. They issued a “sell (e-)” rating for the company. One research 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, Rank One Computing currently has a consensus rating of “Hold” and a consensus target price of $9.00.

Rank One Computing Stock Down 2.8%

NASDAQ:ROC traded down $0.13 on Tuesday, reaching $4.57. 2,819 shares of the stock traded hands, compared to its average volume of 66,871. The firm has a market capitalization of $87.20 million and a P/E ratio of -25.39. Rank One Computing has a 12 month low of $3.71 and a 12 month high of $7.80. The stock’s fifty day moving average is $4.86.

Rank One Computing (NASDAQ:ROC) last posted its quarterly earnings results on Tuesday, March 31st. The company reported ($0.12) EPS for the quarter. The firm 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.