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

Rail Vision Ltd. (NASDAQ:RVSN) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 2,850,000 shares, a growth of 792.9% from the December 15th total of 319,200 shares. Based on an average daily trading volume, of 5,520,000 shares, the short-interest ratio is presently 0.5 days. Approximately 15.3% of the shares of the stock are sold short.

Rail Vision Stock Performance

Shares of NASDAQ:RVSN traded up $0.08 during trading hours on Monday, hitting $1.66. 5,312,446 shares of the company’s stock traded hands, compared to its average volume of 10,905,282. The company’s fifty day simple moving average is $0.76 and its two-hundred day simple moving average is $0.64. The company has a market cap of $33.38 million, a price-to-earnings ratio of -0.37 and a beta of -1.57. Rail Vision has a 52 week low of $0.38 and a 52 week high of $23.37.

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.