Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Update

Arbe Robotics Ltd. (NASDAQ:ARBEW) saw a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 10,200 shares, a decrease of 28.2% from the January 31st total of 14,200 shares. Based on an average daily volume of 108,300 shares, the days-to-cover ratio is currently 0.1 days.

Arbe Robotics Stock Down 5.9 %

Shares of NASDAQ ARBEW traded down $0.02 during mid-day trading on Tuesday, reaching $0.32. 13,698 shares of the company’s stock traded hands, compared to its average volume of 39,752. Arbe Robotics has a 1-year low of $0.11 and a 1-year high of $1.26. The business has a 50-day simple moving average of $0.51 and a 200 day simple moving average 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.