Rail Vision Ltd. (NASDAQ:RVSN) Sees Large Drop in Short Interest

Rail Vision Ltd. (NASDAQ:RVSN) was the target of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 125,165 shares, a decline of 17.0% from the March 15th total of 150,796 shares. Currently, 6.3% of the shares of the company are short sold. Based on an average trading volume of 27,976 shares, the days-to-cover ratio is currently 4.5 days.

Rail Vision Price Performance

RVSN opened at $8.36 on Friday. The stock has a market capitalization of $18.31 million, a P/E ratio of -0.08 and a beta of -0.92. The business has a 50 day simple moving average of $7.91 and a 200-day simple moving average of $10.43. Rail Vision has a 12 month low of $3.66 and a 12 month high of $29.57.

Institutional Investors Weigh In On Rail Vision

An institutional investor recently bought a new position in Rail Vision stock. Jane Street Group LLC bought a new stake in Rail Vision Ltd. (NASDAQ:RVSN) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 186,809 shares of the company’s stock, valued at approximately $61,000. Jane Street Group LLC owned 8.53% of Rail Vision at the end of the most recent quarter. Institutional investors own 12.11% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on RVSN shares. Wall Street Zen upgraded shares of Rail Vision from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Weiss Ratings restated a “sell (e+)” rating on shares of Rail Vision in a research note on Monday, December 22nd. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Rail Vision currently has a consensus rating of “Reduce”.

Rail Vision Company Profile

Rail Vision Ltd. is an Israel-based technology company specializing in vision-based safety and automation solutions for the global rail industry. Founded in 2016 and headquartered in Tel Aviv, the company develops and deploys AI-driven systems that use advanced cameras and machine learning algorithms to detect obstacles and hazards along railway tracks. Rail Vision’s flagship offering integrates trackside sensors with onboard vision systems to provide real-time alerts of objects such as vehicles, debris, animals and people, enabling operators to enhance safety and operational efficiency.

The company’s product suite comprises both stationary and mobile sensing units.