Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Short Interest Update

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 170,500 shares, an increase of 5.8% from the August 31st total of 161,200 shares. Based on an average trading volume of 52,400 shares, the days-to-cover ratio is presently 3.3 days.

Institutional Trading of Foresight Autonomous

An institutional investor recently bought a new position in Foresight Autonomous stock. Altshuler Shaham Ltd purchased a new position in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous comprises approximately 0.1% of Altshuler Shaham Ltd’s investment portfolio, making the stock its 26th biggest position. Altshuler Shaham Ltd owned about 27.23% of Foresight Autonomous at the end of the most recent reporting period. Hedge funds and other institutional investors own 23.45% of the company’s stock.

Foresight Autonomous Stock Performance

Shares of Foresight Autonomous stock opened at $0.71 on Wednesday. The firm’s 50-day moving average is $0.78 and its two-hundred day moving average is $0.98. Foresight Autonomous has a 1 year low of $0.63 and a 1 year high of $2.15.

Foresight Autonomous (NASDAQ:FRSX) last released its quarterly earnings data on Friday, August 9th. The company reported ($0.30) earnings per share (EPS) for the quarter. The business had revenue of $0.12 million for the quarter. Foresight Autonomous had a negative net margin of 1,871.62% and a negative return on equity of 86.89%.

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.