Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Update

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 2,900 shares, a decline of 25.6% from the November 30th total of 3,900 shares. Based on an average daily volume of 4,500 shares, the days-to-cover ratio is presently 0.6 days.

Arbe Robotics Price Performance

NASDAQ ARBEW traded up $0.11 on Friday, hitting $0.26. The stock had a trading volume of 558,636 shares, compared to its average volume of 10,812. Arbe Robotics has a one year low of $0.10 and a one year high of $0.35. The company’s 50-day moving average is $0.17 and its two-hundred day moving average is $0.20.

About Arbe Robotics

Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions for tier 1 automotive suppliers and automotive manufacturers in China, Hong Kong, Sweden, Germany, the United States, Israel, and internationally. It offers 4D imaging radar chipset solutions that address the core issues that have caused autonomous vehicle and autopilot accidents, such as detecting stationary objects, identifying vulnerable road users, operation at poor lighting conditions, and eliminating false alarms without radar ambiguities.