Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Rises By 64.3%

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 2,300 shares, an increase of 64.3% from the October 15th total of 1,400 shares. Based on an average daily trading volume, of 2,300 shares, the short-interest ratio is currently 1.0 days.

Arbe Robotics Stock Performance

Shares of NASDAQ:ARBEW remained flat at $0.18 during trading on Friday. The stock had a trading volume of 958 shares, compared to its average volume of 7,014. Arbe Robotics has a one year low of $0.10 and a one year high of $0.30. The company has a fifty day moving average price of $0.19 and a two-hundred day moving average price of $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.