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

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 14,900 shares, a growth of 28.4% from the February 28th total of 11,600 shares. Based on an average trading volume of 115,100 shares, the days-to-cover ratio is presently 0.1 days.

Arbe Robotics Stock Down 2.4 %

Shares of NASDAQ ARBEW opened at $0.20 on Wednesday. Arbe Robotics has a 1 year low of $0.11 and a 1 year high of $1.26. The firm’s 50-day moving average is $0.39 and its 200-day moving average is $0.30.

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.