Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Down 57.7% in September

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 4,100 shares, a decrease of 57.7% from the August 31st total of 9,700 shares. Based on an average daily trading volume, of 17,400 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 17,400 shares, the days-to-cover ratio is presently 0.2 days.

Arbe Robotics Stock Up 0.4%

NASDAQ:ARBEW opened at $0.30 on Friday. The firm’s 50-day moving average price is $0.22 and its 200-day moving average price is $0.23. Arbe Robotics has a 1-year low of $0.11 and a 1-year high of $1.26.

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.