Richtech Robotics Inc. Shares Plunge 10.58% Amid High Short Interest

Richtech Robotics Inc. (RR) saw its share price drop 10.58% in pre-market trading on April 3, 2025.

Richtech Robotics Inc. (RR) has been experiencing fluctuations in its stock price, with a 1% increase last month following the launch of its third One Kitchen restaurant. This development suggests that the company's strategic initiatives are gaining traction, potentially influencing investor sentiment positively.

Richtech Robotics Inc. (RR) has a significant short interest, with 12.25 million shares representing 19.22% of the float. This high level of short interest could indicate bearish sentiment among some investors, which might contribute to the recent volatility in the stock price.