Rail Vision Ltd. (NASDAQ:RVSN) Short Interest Up 158.4% in March

Rail Vision Ltd. (NASDAQ:RVSN) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 444,500 shares, an increase of 158.4% from the February 29th total of 172,000 shares. Approximately 27.1% of the company’s shares are short sold. Based on an average trading volume of 7,550,000 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Rail Vision

Several hedge funds have recently bought and sold shares of RVSN. RIA Advisory Group LLC bought a new stake in shares of Rail Vision in the fourth quarter worth about $35,000. Citadel Advisors LLC bought a new stake in Rail Vision in the 2nd quarter valued at $43,000. Finally, Walleye Capital LLC acquired a new position in Rail Vision in the 2nd quarter worth $195,000. 12.11% of the stock is currently owned by institutional investors and hedge funds.

Rail Vision Price Performance

Shares of Rail Vision stock traded down 0.09 on Thursday, hitting 2.15. 562,675 shares of the company’s stock traded hands, compared to its average volume of 8,067,310. The stock has a market capitalization of $14.47 million, a PE ratio of -0.46 and a beta of 0.18. The firm’s 50-day moving average price is 5.51 and its two-hundred day moving average price is 3.51. Rail Vision has a one year low of 1.01 and a one year high of 23.37.

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.