Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Up 7.7% in October

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 1,400 shares, an increase of 7.7% from the September 30th total of 1,300 shares. Based on an average daily trading volume, of 1,800 shares, the short-interest ratio is currently 0.8 days.

Arbe Robotics Stock Performance

ARBEW opened at $0.16 on Friday. The company has a fifty day simple moving average of $0.21 and a 200 day simple moving average of $0.21. Arbe Robotics has a 12 month low of $0.10 and a 12 month high of $0.30.

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.