Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Expands By 16.4%

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 14,200 shares, a growth of 16.4% from the January 15th total of 12,200 shares. Based on an average daily volume of 103,800 shares, the short-interest ratio is presently 0.1 days.

Arbe Robotics Price Performance

NASDAQ ARBEW opened at $0.51 on Friday. The firm has a 50-day moving average price of $0.44 and a two-hundred day moving average price of $0.29. Arbe Robotics has a 12-month low of $0.10 and a 12-month 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.