Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Short Interest Update

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 640,100 shares, a growth of 127.6% from the December 15th total of 281,300 shares. Based on an average daily volume of 739,900 shares, the days-to-cover ratio is presently 0.9 days.

Institutional Investors Weigh In On Foresight Autonomous

A hedge fund recently bought a new stake in Foresight Autonomous stock. Altshuler Shaham Ltd purchased a new position in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous accounts for about 0.1% of Altshuler Shaham Ltd’s holdings, making the stock its 26th largest holding. Altshuler Shaham Ltd owned 27.23% of Foresight Autonomous as of its most recent SEC filing. 23.45% of the stock is currently owned by institutional investors.

Foresight Autonomous Trading Up 2.8 %

Shares of NASDAQ:FRSX traded up $0.04 during mid-day trading on Thursday, reaching $1.46. The stock had a trading volume of 397,090 shares, compared to its average volume of 427,695. The company has a market cap of $15.81 million, a P/E ratio of -1.43 and a beta of 1.43. The business’s 50 day moving average price is $1.00 and its 200 day moving average price is $0.86. Foresight Autonomous has a 1 year low of $0.57 and a 1 year high of $2.63.

About Foresight Autonomous

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.