Short Interest in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Grows By 31.5%

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 225,200 shares, an increase of 31.5% from the October 31st total of 171,300 shares. Based on an average trading volume of 119,000 shares, the short-interest ratio is currently 1.9 days.

Foresight Autonomous Stock Up 4.2 %

Foresight Autonomous stock opened at $0.64 on Monday. Foresight Autonomous has a one year low of $0.57 and a one year high of $2.06. The business’s fifty day moving average is $0.66 and its 200 day moving average is $0.84.

Institutional Trading of Foresight Autonomous

A hedge fund recently bought a new stake in Foresight Autonomous stock. Altshuler Shaham Ltd purchased a new stake in shares of Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous accounts for approximately 0.1% of Altshuler Shaham Ltd’s investment portfolio, making the stock its 26th biggest holding. Altshuler Shaham Ltd owned 27.23% of Foresight Autonomous as of its most recent SEC filing. 23.45% of the stock is currently owned by institutional investors and hedge funds.

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.