Rail Vision Ltd. (NASDAQ:RVSN) Sees Large Decrease in Short Interest

Rail Vision Ltd. (NASDAQ:RVSN) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 1,610,000 shares, a decline of 17.9% from the February 13th total of 1,960,000 shares. Based on an average trading volume of 7,260,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 8.7% of the shares of the stock are sold short.

Rail Vision Trading Up 0.2 %

Shares of NASDAQ RVSN opened at $0.48 on Thursday. The stock has a market cap of $9.65 million, a PE ratio of -0.11 and a beta of -1.54. Rail Vision has a 12-month low of $0.38 and a 12-month high of $2.72. The company has a 50-day moving average of $0.74 and a 200 day moving average of $0.65.

Institutional Investors Weigh In On Rail Vision

A hedge fund recently bought a new stake in Rail Vision stock. Jane Street Group LLC bought a new position in Rail Vision Ltd. (NASDAQ:RVSN) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 206,064 shares of the company’s stock, valued at approximately $435,000. Jane Street Group LLC owned about 1.02% of Rail Vision as of its most recent SEC filing. 12.11% of the stock is currently owned by hedge funds and other institutional investors.

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.