Richtech Robotics Inc. (NASDAQ:RR - Get Free Report) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 231,700 shares, a drop of 20.6% from the March 15th total of 291,800 shares. Approximately 1.6% of the shares of the company are sold short. Based on an average daily trading volume, of 396,400 shares, the days-to-cover ratio is presently 0.6 days.
Richtech Robotics Trading Down 3.4 %
Shares of RR traded down $0.06 on Friday, reaching $1.72. The company's stock had a trading volume of 295,827 shares, compared to its average volume of 155,349. The company's 50 day moving average price is $1.66. Richtech Robotics has a 12-month low of $1.26 and a 12-month high of $12.29.
Richtech Robotics (NASDAQ:RR - Get Free Report) last released its earnings results on Wednesday, February 14th. The company reported ($0.04) EPS for the quarter. The business had revenue of $1.11 million for the quarter.
Richtech Robotics Company Profile
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Richtech Robotics Inc develops, manufactures, deploys, and sells robotic solutions for automation in the service industry. The company offers indoor transport and delivery, sanitation, and food and beverage automation solutions, such as ADAM and ARM worker robots; delivery robots, including Matradee, Matradee X, Matradee L, Richie, and Robbie; and cleaning robots comprising DUST-E SX, and DUST-E MX, as well as accessories, such as bus tubs, cup holders, magnetic tray cases, smartwatches, table location systems, and tray covers.
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