Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Grows By 144.8%

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 7,100 shares, a growth of 144.8% from the December 15th total of 2,900 shares. Based on an average daily trading volume, of 81,400 shares, the short-interest ratio is presently 0.1 days.

Arbe Robotics Price Performance

ARBEW opened at $0.70 on Tuesday. The stock has a fifty day moving average price of $0.25 and a 200-day moving average price of $0.23. Arbe Robotics has a 12 month low of $0.10 and a 12 month high of $1.26.

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.