Arbe Robotics Ltd. (NASDAQ:ARBEW) Sees Significant Increase in Short Interest

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 3,900 shares, a growth of 25.8% from the November 15th total of 3,100 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 1.2 days.

Arbe Robotics Price Performance

Arbe Robotics stock remained flat at $0.14 during midday trading on Friday. Arbe Robotics has a one year low of $0.10 and a one year high of $0.30. The company has a 50 day simple moving average of $0.18 and a 200 day simple moving average of $0.21.

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.