Rail Vision Ltd. (NASDAQ:RVSN) Short Interest Update

Rail Vision Ltd. (NASDAQ:RVSN) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 1,610,000 shares, a decline of 17.9% from the February 13th total of 1,960,000 shares. Currently, 8.7% of the company’s shares are short sold. Based on an average trading volume of 7,260,000 shares, the short-interest ratio is currently 0.2 days.

Rail Vision Stock Performance

RVSN stock traded up $0.00 during midday trading on Tuesday, hitting $0.48. 428,281 shares of the company’s stock were exchanged, compared to its average volume of 2,609,003. The stock’s fifty day moving average price is $0.79 and its 200-day moving average price is $0.66. The company has a market cap of $9.63 million, a PE ratio of -0.11 and a beta of -1.54. Rail Vision has a one year low of $0.38 and a one year high of $2.95.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Rail Vision stock. Millennium Management LLC bought a new position in shares of Rail Vision Ltd. (NASDAQ:RVSN) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 22,089 shares of the company’s stock, valued at approximately $47,000. Millennium Management LLC owned approximately 0.11% of Rail Vision at the end of the most recent quarter. Institutional investors and hedge funds own 12.11% of the company’s stock.

About Rail Vision

Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel. The company's railway detection systems include various cameras, such as optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized on-board computer that is designed to be suitable for the rough environment of a train's locomotive.