Short Interest in Rank One Computing Corp. (NASDAQ:ROC) Grows By 1,268.7%

Rank One Computing Corp. (NASDAQ:ROC) was the target of a large 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 trading volume, of 246,592 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the shares of the stock are sold short.

Rank One Computing Stock Performance

ROC traded up $0.20 during trading on Friday, hitting $5.04. 19,889 shares of the company traded hands, compared to its average volume of 68,835. The company has a market cap of $96.16 million and a P/E ratio of -28.00. The stock has a 50-day moving average price of $5.07. Rank One Computing has a 1 year low of $3.71 and a 1 year high of $7.80.

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

Analysts Set New Price Targets

ROC has been the topic of several research analyst reports. Wall Street Zen upgraded Rank One Computing to a “hold” rating in a research report on Saturday, March 14th. Benchmark reiterated a “buy” rating on shares of Rank One Computing in a research report on Thursday, June 25th. Finally, Weiss Ratings started coverage on Rank One Computing in a report on Friday, May 22nd. They issued a “sell (e-)” rating on the stock. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $9.00.

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.