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

Vicarious Surgical Inc (NYSE:RBOT) saw a large 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 company’s stock are short sold. Based on an average daily volume of 48,500 shares, the days-to-cover ratio is currently 2.3 days.

Vicarious Surgical Trading Up 5.8 %

NYSE RBOT traded up $0.52 during trading hours on Monday, hitting $9.42. The company’s stock had a trading volume of 6,109 shares, compared to its average volume of 32,977. Vicarious Surgical has a 52 week low of $4.27 and a 52 week high of $19.00. The company has a market capitalization of $55.65 million, a PE ratio of -0.92 and a beta of 1.35. The company’s 50-day simple moving average is $12.83 and its two-hundred day simple moving average is $10.57.

Hedge Funds Weigh In On Vicarious Surgical

Large investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC lifted 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 buying an additional 1,200 shares in the last quarter. Geode Capital Management LLC lifted 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 buying an additional 2,336 shares in the last quarter. Finally, DnB Asset Management AS lifted 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 buying an additional 3,692 shares in the last quarter. Institutional investors own 47.27% of the company’s stock.

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.