Rail Vision Ltd. (NASDAQ:RVSN) Short Interest Up 792.9% in January

Rail Vision Ltd. (NASDAQ:RVSN) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 2,850,000 shares, a growth of 792.9% from the December 31st total of 319,200 shares. Based on an average trading volume of 5,520,000 shares, the short-interest ratio is currently 0.5 days. Approximately 15.3% of the company’s shares are sold short.

Rail Vision Stock Down 10.2 %

Shares of RVSN traded down $0.09 during mid-day trading on Tuesday, hitting $0.79. The company had a trading volume of 1,870,465 shares, compared to its average volume of 8,130,618. The business’s 50-day simple moving average is $0.90 and its 200-day simple moving average is $0.67. Rail Vision has a 1-year low of $0.38 and a 1-year high of $23.37. The stock has a market cap of $15.93 million, a PE ratio of -0.18 and a beta of -1.57.

About Rail Vision

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.