Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Decreases By 37.3%

Arbe Robotics Ltd. (NASDAQ:ARBEWGet Free Report) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 3,200 shares, a decline of 37.3% from the March 15th total of 5,100 shares. Based on an average daily volume of 11,100 shares, the short-interest ratio is presently 0.3 days.

Arbe Robotics Stock Up 25.0 %

ARBEW opened at $0.19 on Friday. Arbe Robotics has a 1-year low of $0.10 and a 1-year high of $0.40. The company has a fifty day moving average price of $0.17 and a two-hundred day moving average price of $0.19.

Institutional Investors Weigh In On Arbe Robotics

An institutional investor recently bought a new position in Arbe Robotics stock. Ionic Capital Management LLC bought a new position in shares of Arbe Robotics Ltd. (NASDAQ:ARBEWFree Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 89,171 shares of the company’s stock, valued at approximately $32,000.

About Arbe Robotics

(Get Free Report)

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.

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