Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Expands By 144.8%

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

Arbe Robotics Stock Performance

NASDAQ ARBEW traded down $0.02 during trading on Thursday, reaching $0.68. The company’s stock had a trading volume of 11,357 shares, compared to its average volume of 454,287. The firm has a 50 day moving average price of $0.27 and a 200 day moving average price of $0.24. Arbe Robotics has a 12 month low of $0.10 and a 12 month 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.