Vicarious Surgical Inc (NYSE:RBOT) Short Interest Update

Vicarious Surgical Inc (NYSE:RBOT) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 65,800 shares, a decline of 28.9% from the October 15th total of 92,600 shares. Based on an average trading volume of 18,600 shares, the days-to-cover ratio is currently 3.5 days.

Vicarious Surgical Stock Up 15.0 %

RBOT traded up $1.37 during trading hours on Thursday, reaching $10.52. 60,459 shares of the company’s stock traded hands, compared to its average volume of 25,947. The firm has a market capitalization of $62.07 million, a PE ratio of -0.97 and a beta of 1.02. Vicarious Surgical has a 52-week low of $4.27 and a 52-week high of $21.43. The firm has a 50-day moving average price of $6.95 and a 200 day moving average price of $7.64.

Vicarious Surgical (NYSE:RBOT) last released its quarterly earnings data on Monday, August 12th. The company reported ($2.86) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.98) by $0.12. Equities analysts predict that Vicarious Surgical will post -10.07 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Piper Sandler cut their price objective on shares of Vicarious Surgical from $12.00 to $10.50 and set a “neutral” rating on the stock in a research report on Wednesday.

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.