5 Most Shorted Penny Stocks to Buy

3. Richtech Robotics Inc. (NASDAQ:RR)

Richtech Robotics Inc. (NASDAQ:RR) is one of the 10 most shorted penny stocks to buy.

On April 8, Richtech Robotics Inc. (NASDAQ:RR) entered into a distribution agreement with the Netherlands-based consultancy firm NewConsultancy B.V. that would allow distributing its AI-powered service robots in the Netherlands and other parts of the European Union/Schengen territory. This agreement will allow localized deployment, servicing, and customer support services.

Wayne Haung, CEO of the company, declared that the partnership was very critical for the future growth of the company internationally and that the clients in Europe would receive localized services and technical expertise of the region. This deal will support the aim of the company to expand its scalable technologies and Robotics as a Service concept on an international scale.

By leveraging regional knowledge and practical experience in hospitality, logistics, and commercial markets, NewConsultancy seeks to offer customized robotic services on an international scale. The technology offered by the company solves issues of labor shortage, rising costs, and round-the-clock automation. After a successful display at ProWein 2025, Richtech is stepping up its plan to expand internationally, cementing its reputation as an emerging leader in deploying AI robotics worldwide.

Richtech Robotics Inc. (NASDAQ:RR) creates and sells robotic solutions for automation in the United States’ service industry. It offers a range of robots for various purposes, including AI-powered service robots for beverage preparation and customer interaction, delivery-focused robots, commercial cleaning robots, industrial humanoid robots, and a robotic restaurant brand.