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

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 3,900 shares, an increase of 25.8% from the November 15th total of 3,100 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is currently 1.2 days.

Arbe Robotics Price Performance

NASDAQ ARBEW remained flat at $0.14 during mid-day trading on Friday. 30,309 shares of the company were exchanged, compared to its average volume of 6,966. Arbe Robotics has a 52 week low of $0.10 and a 52 week high of $0.30. The business’s 50-day moving average price is $0.18 and its two-hundred day moving average price is $0.21.

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.