Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Rises By 64.3%

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 2,300 shares, a growth of 64.3% from the October 15th total of 1,400 shares. Based on an average daily volume of 2,300 shares, the short-interest ratio is currently 1.0 days.

Arbe Robotics Trading Up 4.6 %

Shares of NASDAQ ARBEW opened at $0.18 on Wednesday. The stock has a 50 day moving average of $0.19 and a two-hundred day moving average of $0.21. Arbe Robotics has a twelve month low of $0.10 and a twelve month high of $0.30.

Arbe Robotics Company Profile

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.