Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Up 34.8% in November

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 3,100 shares, an increase 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 Trading Up 9.1 %

Shares of NASDAQ:ARBEW traded up $0.01 on Friday, reaching $0.18. The company had a trading volume of 1,561 shares, compared to its average volume of 6,970. Arbe Robotics has a 52-week low of $0.10 and a 52-week high of $0.30. The firm’s 50 day simple moving average is $0.19 and its 200-day simple moving average is $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.