Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Rises By 7.4%

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totalling 2,900 shares, a growth of 7.4% from the August 31st total of 2,700 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is presently 0.9 days.

Arbe Robotics Price Performance

NASDAQ ARBEW opened at $0.21 on Tuesday. Arbe Robotics has a 12 month low of $0.10 and a 12 month high of $0.30. The stock’s fifty day moving average price is $0.23 and its 200-day moving average price is $0.20.

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.