Trading volume for Roka Bioscience Inc was 169K on Tuesday. Shares saw a steep decrease in trading volume of 81.51% under the normal average daily volume.
Traders are a little more bearish on Roka Bioscience Inc recently as implied by the rise in short interest. The company had a rise in short interest from September 29, 2017 to October 13, 2017 of 150.86%. Short interest increased 184,184 over that period. Days to cover decreased from 0.0 to 0.0 and the percentage of shorted shares was 0.06% on October 13.
These funds have shifted positions in (ROKA). Citadel Advisors LLC divested its holdings by selling 1,080 shares a decrease of 6.0%. Citadel Advisors LLC claims 16,915 shares worth $12,000. The total value of its holdings decreased 45.5%. Tpg Group Holdings (sbs) Advisors, Inc. trimmed its position by shedding 2,118,925 shares a decrease of 70.9% as of 06/30/2017. Tpg Group Holdings (sbs) Advisors, Inc. now holds 870,357 shares with a value of $2,246,000. The value of the position overall is up by 7.4%.
In the market the company is trading up from yesterday’s close of 0.91. The company currently has a P/E ratio of N/A and the market cap is 4.91M. As of the last earnings report the EPS was $-14.20 with 5.01M shares presently outstanding.
Roka Bioscience, Inc., launched on September 3, 2009, is a molecular diagnostics company. The Company is focused on the development and commercialization of molecular assay technologies for the detection of foodborne pathogens under the Atlas brand name. The Company offers Atlas Detection Assays and Atlas instrument in the North American food safety testing market and has rights to develop and commercialize its molecular testing solutions for a range of other industrial applications. The detection of foodborne pathogens is accomplished using culture-based assays, immunochemical-based assays and molecular-based assays. The Company sells its Atlas Detection Assays and related consumable supplies for use with its Atlas instruments. The Business’s Atlas instrument is an automated molecular diagnostic testing instrument designed to reduce labor costs and operator error in foodborne pathogen testing laboratories. The Atlas instrument is a sample-in-result-out instrument that eliminates the need for batch processing and automates all aspects of molecular diagnostic testing on a single, integrated platform..Advertisement