Vicarious Surgical Inc (NYSE:RBOT) Sees Large Increase in Short Interest

Vicarious Surgical Inc (NYSE:RBOT) was the target of a large growth in short interest in November. As of November 30th, there was short interest totalling 80,200 shares, a growth of 16.6% from the November 15th total of 68,800 shares. Based on an average daily trading volume, of 29,100 shares, the days-to-cover ratio is presently 2.8 days.

Vicarious Surgical Stock Down 4.5 %

Shares of NYSE RBOT traded down $0.64 during midday trading on Tuesday, reaching $13.60. 17,277 shares of the company’s stock traded hands, compared to its average volume of 28,048. The company has a market cap of $80.35 million, a price-to-earnings ratio of -1.38 and a beta of 1.33. The stock’s 50 day simple moving average is $10.31 and its 200-day simple moving average is $8.15. Vicarious Surgical has a one year low of $4.27 and a one year high of $21.43.

Analyst Upgrades and Downgrades

Separately, Piper Sandler cut their price target on Vicarious Surgical from $12.00 to $10.50 and set a “neutral” rating on the stock in a research note on Wednesday, November 13th.

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.