Arbe Robotics Ltd. (NASDAQ:ARBEW) Sees Large Decline in Short Interest

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a significant decrease in short interest in April. As of April 15th, there was short interest totalling 1,700 shares, a decrease of 46.9% from the March 31st total of 3,200 shares. Based on an average daily trading volume, of 11,100 shares, the short-interest ratio is currently 0.2 days.

Arbe Robotics Price Performance

Shares of NASDAQ:ARBEW opened at $0.19 on Friday. The stock has a 50 day moving average price of $0.16 and a 200-day moving average price of $0.19. Arbe Robotics has a 52-week low of $0.10 and a 52-week high of $0.40.

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.