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

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 3,100 shares, a growth of 34.8% from the October 31st total of 2,300 shares. Based on an average daily trading volume, of 2,900 shares, the short-interest ratio is currently 1.1 days.

Arbe Robotics Stock Performance

Shares of ARBEW traded up $0.01 during mid-day trading on Friday, hitting $0.18. 1,561 shares of the company’s stock were exchanged, compared to its average volume of 6,970. Arbe Robotics has a twelve month low of $0.10 and a twelve month high of $0.30. The firm has a fifty day moving average of $0.19 and a two-hundred day moving average of $0.21.

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.