Short Interest in Vicarious Surgical Inc (NYSE:RBOT) Increases By 30.4%

Vicarious Surgical Inc (NYSE:RBOT) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 110,800 shares, a growth of 30.4% from the February 13th total of 85,000 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 48,500 shares, the short-interest ratio is presently 2.3 days.

Institutional Trading of Vicarious Surgical

A number of large investors have recently bought and sold shares of the business. DnB Asset Management AS boosted its position in shares of Vicarious Surgical by 21.1% during the 4th quarter. DnB Asset Management AS now owns 21,213 shares of the company’s stock worth $279,000 after purchasing an additional 3,692 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Vicarious Surgical by 8.2% during the 4th quarter. Geode Capital Management LLC now owns 30,799 shares of the company’s stock worth $405,000 after purchasing an additional 2,336 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Vicarious Surgical by 11.6% during the 4th quarter. Renaissance Technologies LLC now owns 11,534 shares of the company’s stock worth $152,000 after purchasing an additional 1,200 shares in the last quarter. 47.27% of the stock is currently owned by institutional investors and hedge funds.

Vicarious Surgical Stock Up 5.8 %

Shares of NYSE:RBOT traded up $0.52 during trading on Monday, hitting $9.42. 6,109 shares of the company were exchanged, compared to its average volume of 32,977. The company has a market capitalization of $55.65 million, a P/E ratio of -0.92 and a beta of 1.35. Vicarious Surgical has a 1-year low of $4.27 and a 1-year high of $19.00. The business’s 50 day moving average is $12.83 and its 200-day moving average is $10.57.

About Vicarious Surgical

Vicarious Surgical Inc operates as a robotics technology company in the United States. The company focuses on developing and commercializing Vicarious System, a single-incision surgical robot that virtually transports surgeons inside the patient to perform minimally invasive surgery. Vicarious Surgical Inc was incorporated in 2014 and is headquartered in Waltham, Massachusetts.