Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Expands By 7.7%

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

Arbe Robotics Trading Up 26.1 %

NASDAQ ARBEW opened at $0.24 on Wednesday. Arbe Robotics has a one year low of $0.10 and a one year high of $0.30. The stock has a 50-day moving average of $0.21 and a 200 day moving average of $0.21.

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.