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

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 7,100 shares, an increase of 144.8% from the December 31st total of 2,900 shares. Based on an average trading volume of 81,400 shares, the short-interest ratio is currently 0.1 days.

Arbe Robotics Price Performance

NASDAQ:ARBEW traded up $0.04 during mid-day trading on Thursday, hitting $0.56. The company’s stock had a trading volume of 12,765 shares, compared to its average volume of 286,592. Arbe Robotics has a 1 year low of $0.10 and a 1 year high of $1.26. The business’s fifty day moving average is $0.36 and its two-hundred day moving average is $0.26.

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.