Sarcos Technology and Robotics Co. (NASDAQ:STRCW) Sees Large Increase in Short Interest

Sarcos Technology and Robotics Co. (NASDAQ:STRCW) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 80,500 shares, an increase of 73.1% from the February 29th total of 46,500 shares. Based on an average daily trading volume, of 48,800 shares, the days-to-cover ratio is presently 1.6 days.

Sarcos Technology and Robotics Stock Performance

Shares of Sarcos Technology and Robotics stock traded up $0.01 during trading hours on Thursday, hitting $0.06. The company’s stock had a trading volume of 5,700 shares, compared to its average volume of 55,304. The firm has a fifty day moving average of $0.04 and a 200-day moving average of $0.02. Sarcos Technology and Robotics has a twelve month low of $0.00 and a twelve month high of $0.24.

Institutional Trading of Sarcos Technology and Robotics

An institutional investor recently raised its position in Sarcos Technology and Robotics stock. Walleye Capital LLC raised its stake in Sarcos Technology and Robotics Co. (NASDAQ:STRCW) by 53.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 521,240 shares of the company’s stock after purchasing an additional 182,108 shares during the period. Walleye Capital LLC’s holdings in Sarcos Technology and Robotics were worth $563,000 as of its most recent SEC filing.

About Sarcos Technology and Robotics

Sarcos Technology and Robotics Corporation designs, develops, and manufactures various advanced robotic systems. Its robotic systems redefine human possibilities and are designed to enable the most productive workforce. The company's products include Guardian XO, a full-body powered exoskeleton to augment user strength, endurance, and precision without materially restricting freedom of movement; Guardian XT, a teleoperated mobile robotic system; Guardian GT, a custom product; Guardian S, a remote-controlled visual inspection and surveillance robotic system; Guardian DX for defense logistics and maintenance applications; Guardian XM, an intelligent manipulator; Guardian sea class robotic system; and Guardian HLS, a pneumatic rescue and recovery system.