Arbe Robotics Ltd. (NASDAQ:ARBEW) Sees Significant Increase in Short Interest

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

Arbe Robotics Price Performance

Shares of Arbe Robotics stock opened at $0.51 on Wednesday. The business’s 50 day simple moving average is $0.35 and its 200 day simple moving average is $0.26. Arbe Robotics has a 52-week low of $0.10 and a 52-week high of $1.26.

Arbe Robotics Company Profile

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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.

Further Reading

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