Arbe Robotics Ltd. (NASDAQ:ARBEW) Sees Significant Increase in Short Interest

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 14,200 shares, an increase of 16.4% from the January 15th total of 12,200 shares. Based on an average daily trading volume, of 103,800 shares, the short-interest ratio is currently 0.1 days.

Arbe Robotics Stock Performance

Shares of Arbe Robotics stock traded down $0.05 on Friday, hitting $0.51. 25,122 shares of the company traded hands, compared to its average volume of 188,411. The firm’s 50-day simple moving average is $0.44 and its 200 day simple moving average is $0.29. Arbe Robotics has a 12-month low of $0.10 and a 12-month high of $1.26.

Arbe Robotics Company Profile

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.