Short Interest in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Decreases By 91.9%

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 3,556 shares, a decline of 91.9% from the August 15th total of 43,777 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 62,051 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Foresight Autonomous Holdings Ltd. American Depositary Shares presently has an average rating of “Sell”.

Foresight Autonomous Holdings Ltd. American Depositary Shares Price Performance

Shares of Foresight Autonomous Holdings Ltd. American Depositary Shares stock traded up $0.01 during trading hours on Thursday, hitting $1.11. The company’s stock had a trading volume of 6,496 shares, compared to its average volume of 42,954. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 12 month low of $1.05 and a 12 month high of $7.95. The stock has a 50 day moving average of $1.31 and a 200 day moving average of $1.86. The company has a market capitalization of $1.80 million, a PE ratio of -0.07 and a beta of 0.68.

Hedge Funds Weigh In On Foresight Autonomous Holdings Ltd. American Depositary Shares

An institutional investor recently bought a new stake 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 the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares makes up approximately 0.1% of Yorkville Advisors Global LP’s portfolio, making the stock its 22nd largest position. Yorkville Advisors Global LP owned about 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares as of its most recent filing with the Securities & Exchange Commission. 23.45% of the stock is currently owned by institutional investors.

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.