Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Short Interest Down 5.0% in November

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the target of a significant decline in short interest in November. As of November 30th, there was short interest totalling 213,900 shares, a decline of 5.0% from the November 15th total of 225,200 shares. Based on an average daily trading volume, of 159,600 shares, the days-to-cover ratio is presently 1.3 days.

Hedge Funds Weigh In On Foresight Autonomous

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 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous accounts for approximately 0.1% of Altshuler Shaham Ltd’s investment portfolio, making the stock its 26th biggest holding. Altshuler Shaham Ltd owned approximately 27.23% of Foresight Autonomous as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 23.45% of the company’s stock.

Foresight Autonomous Trading Up 3.3 %

NASDAQ:FRSX opened at $0.65 on Tuesday. The business’s fifty day moving average price is $0.65 and its 200 day moving average price is $0.80. The firm has a market capitalization of $7.04 million, a price-to-earnings ratio of -0.64 and a beta of 1.73. Foresight Autonomous has a 1-year low of $0.57 and a 1-year high of $1.64.

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.