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

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 6,200 shares, a growth of 21.6% from the June 30th total of 5,100 shares. Based on an average daily volume of 4,000 shares, the short-interest ratio is presently 1.6 days.

Arbe Robotics Stock Performance

ARBEW traded up $0.00 during trading on Tuesday, reaching $0.27. The stock had a trading volume of 260 shares, compared to its average volume of 8,284. Arbe Robotics has a 1-year low of $0.10 and a 1-year high of $0.40. The stock has a 50 day moving average of $0.22 and a two-hundred day moving average of $0.19.

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.