Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Update

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 10,200 shares, a decrease of 28.2% from the January 31st total of 14,200 shares. Based on an average trading volume of 108,300 shares, the short-interest ratio is presently 0.1 days.

Arbe Robotics Stock Performance

Shares of ARBEW opened at $0.32 on Wednesday. The stock’s 50-day moving average price is $0.51 and its 200 day moving average price is $0.30. Arbe Robotics has a 12-month low of $0.11 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.