Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Short Interest Up 86.2% in February

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) saw a large increase in short interest in February. As of February 28th, there was short interest totalling 738,100 shares, an increase of 86.2% from the February 13th total of 396,300 shares. Approximately 7.6% of the company’s stock are sold short. Based on an average daily trading volume, of 940,500 shares, the days-to-cover ratio is currently 0.8 days.

Foresight Autonomous Stock Down 1.5 %

Foresight Autonomous stock traded down $0.01 during mid-day trading on Friday, reaching $0.72. 436,975 shares of the company’s stock were exchanged, compared to its average volume of 409,601. The company has a market cap of $7.78 million, a P/E ratio of -0.70 and a beta of 1.39. Foresight Autonomous has a twelve month low of $0.57 and a twelve month high of $2.63. The company has a fifty day moving average of $1.03 and a 200-day moving average of $0.89.

Institutional Investors Weigh In On Foresight Autonomous

A number of hedge funds have recently added to or reduced their stakes in the business. Renaissance Technologies LLC raised its holdings in shares of Foresight Autonomous by 29.3% in the 4th quarter. Renaissance Technologies LLC now owns 52,954 shares of the company’s stock valued at $78,000 after purchasing an additional 12,000 shares in the last quarter. Wolverine Trading LLC acquired a new stake in Foresight Autonomous during the 4th quarter worth $26,000. Finally, Altshuler Shaham Ltd raised its stake in Foresight Autonomous by 98,273,000.0% during the 4th quarter. Altshuler Shaham Ltd now owns 982,731 shares of the company’s stock worth $1,454,000 after acquiring an additional 982,730 shares in the last quarter. 23.45% of the stock is currently owned by institutional investors and hedge funds.

Foresight Autonomous Company Profile

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.