Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Sees Large Increase in Short Interest

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 225,200 shares, an increase of 31.5% from the October 31st total of 171,300 shares. Based on an average daily volume of 119,000 shares, the short-interest ratio is presently 1.9 days.

Foresight Autonomous Trading Up 4.2 %

FRSX stock opened at $0.64 on Monday. The stock has a 50-day moving average price of $0.66 and a two-hundred day moving average price of $0.84. Foresight Autonomous has a 1 year low of $0.57 and a 1 year high of $2.06.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Foresight Autonomous stock. Altshuler Shaham Ltd purchased a new position in shares of Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous makes up 0.1% of Altshuler Shaham Ltd’s portfolio, making the stock its 26th biggest position. Altshuler Shaham Ltd owned approximately 27.23% of Foresight Autonomous at the end of the most recent reporting period. 23.45% of the stock is currently owned by institutional investors and hedge funds.

Foresight Autonomous Company Profile

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.