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

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 7,100 shares, a growth of 144.8% from the December 31st total of 2,900 shares. Based on an average daily trading volume, of 81,400 shares, the days-to-cover ratio is presently 0.1 days.

Arbe Robotics Stock Performance

ARBEW stock remained flat at $0.53 during trading hours on Friday. The company’s stock had a trading volume of 7,403 shares, compared to its average volume of 260,185. The firm’s 50 day simple moving average is $0.36 and its 200-day simple moving average is $0.26. Arbe Robotics has a 52-week low of $0.10 and a 52-week 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.