Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Short Interest Update

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the target of a large drop in short interest in the month of November. As of November 30th, there was short interest totalling 213,900 shares, a drop of 5.0% from the November 15th total of 225,200 shares. Based on an average daily volume of 159,600 shares, the short-interest ratio is currently 1.3 days.

Foresight Autonomous Trading Down 2.3 %

Shares of FRSX opened at $0.63 on Wednesday. The stock has a fifty day moving average price of $0.65 and a 200-day moving average price of $0.80. The firm has a market cap of $6.87 million, a PE ratio of -0.62 and a beta of 1.73. Foresight Autonomous has a 12 month low of $0.57 and a 12 month high of $1.64.

Institutional Investors Weigh In On Foresight Autonomous

A hedge fund recently bought a new stake in Foresight Autonomous stock. Altshuler Shaham Ltd acquired a new stake in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous accounts for 0.1% of Altshuler Shaham Ltd’s investment portfolio, making the stock its 26th biggest position. Altshuler Shaham Ltd owned about 27.23% of Foresight Autonomous as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 23.45% of the company’s stock.

Foresight Autonomous Company Profile

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.