Rail Vision Ltd. (NASDAQ:RVSN) Short Interest Update

Rail Vision Ltd. (NASDAQ:RVSN) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totalling 1,000,000 shares, a growth of 274.7% from the June 30th total of 266,900 shares. Based on an average trading volume of 895,100 shares, the short-interest ratio is currently 1.1 days. Approximately 6.8% of the shares of the stock are short sold.

Rail Vision Price Performance

NASDAQ RVSN traded down 0.01 on Thursday, reaching 0.76. 156,800 shares of the company’s stock traded hands, compared to its average volume of 4,350,831. Rail Vision has a 12 month low of 0.62 and a 12 month high of 23.37. The stock has a 50-day simple moving average of 0.84 and a 200 day simple moving average of 2.61. The stock has a market cap of $12.53 million, a PE ratio of -0.17 and a beta of 0.32.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Rail Vision stock. RIA Advisory Group LLC purchased a new stake in shares of Rail Vision Ltd. (NASDAQ:RVSN) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 23,000 shares of the company’s stock, valued at approximately $35,000. RIA Advisory Group LLC owned about 0.92% of Rail Vision at the end of the most recent reporting period. 12.11% of the stock is owned by hedge funds and other institutional investors.

Rail Vision Company Profile

Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel. The company's railway detection systems include various cameras, such as optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized on-board computer that is designed to be suitable for the rough environment of a train's locomotive.