Arbe Robotics Ltd. (NASDAQ:ARBEW) Sees Significant Increase in Short Interest

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 2,900 shares, a growth of 7.4% from the August 31st total of 2,700 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 0.9 days.

Arbe Robotics Price Performance

Shares of NASDAQ ARBEW opened at $0.20 on Monday. The business’s 50 day moving average is $0.23 and its two-hundred day moving average is $0.20. Arbe Robotics has a 1-year low of $0.10 and a 1-year 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.