Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Expands By 144.8%

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

Arbe Robotics Stock Up 8.8 %

Arbe Robotics stock traded up $0.04 during trading on Thursday, hitting $0.56. The company had a trading volume of 12,765 shares, compared to its average volume of 286,592. Arbe Robotics has a 1-year low of $0.10 and a 1-year high of $1.26. The company’s 50 day simple moving average is $0.36 and its 200-day simple moving average is $0.26.

About Arbe Robotics

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.