Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Short Interest Update

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 640,100 shares, an increase of 127.6% from the December 31st total of 281,300 shares. Based on an average daily volume of 739,900 shares, the short-interest ratio is currently 0.9 days.

Foresight Autonomous Stock Down 1.9 %

Shares of Foresight Autonomous stock traded down $0.02 during trading on Wednesday, reaching $1.06. The company’s stock had a trading volume of 183,490 shares, compared to its average volume of 394,049. Foresight Autonomous has a 1-year low of $0.57 and a 1-year high of $2.63. The company has a 50-day simple moving average of $1.13 and a two-hundred day simple moving average of $0.88. The company has a market cap of $11.42 million, a price-to-earnings ratio of -1.03 and a beta of 1.43.

Foresight Autonomous (NASDAQ:FRSX) last issued its quarterly earnings results on Friday, November 29th. The company reported ($0.30) earnings per share for the quarter. Foresight Autonomous had a negative return on equity of 91.40% and a negative net margin of 2,450.11%.

Foresight Autonomous Company Profile

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.