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

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 166,308 shares, a growth of 77.1% from the May 31st total of 93,885 shares. Currently, 11.5% of the shares of the stock are sold short. Based on an average trading volume of 4,983,239 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Foresight Autonomous Holdings Ltd. American Depositary Shares stock. Yorkville Advisors Global LP bought a new position in shares of Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares comprises about 0.1% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 22nd largest holding. Yorkville Advisors Global LP owned 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares as of its most recent SEC filing. 23.45% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Foresight Autonomous Holdings Ltd. American Depositary Shares Trading Up 4.2%

FRSX opened at $1.97 on Thursday. The firm has a market capitalization of $3.19 million, a PE ratio of -0.09 and a beta of 0.65. Foresight Autonomous Holdings Ltd. American Depositary Shares has a twelve month low of $1.22 and a twelve month high of $12.39. The firm’s 50-day moving average price is $1.90 and its 200 day moving average price is $2.72.

Foresight Autonomous Holdings Ltd. American Depositary Shares Company Profile

Foresight Autonomous Holdings Ltd. is an Israel‐based technology company specializing in advanced vision and sensing systems for driver assistance and autonomous vehicles. Incorporated in Israel, the company was established to address the growing demand for vision‐first safety solutions within the automotive industry.

Foresight markets two core product lines: a stereo‐camera platform that uses depth perception and image segmentation to detect pedestrians, vehicles and obstacles in real time, and iDAR, an “intelligent detection and ranging” system that blends LiDAR‐style distance measurement with software-driven image analysis.