Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Down 17.3% in May

Arbe Robotics Ltd. (NASDAQ:ARBEWGet Free Report) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totalling 4,300 shares, a decline of 17.3% from the April 30th total of 5,200 shares. Based on an average daily trading volume, of 8,500 shares, the short-interest ratio is currently 0.5 days.

Arbe Robotics Price Performance

Shares of Arbe Robotics stock remained flat at $0.19 during trading hours on Friday. The stock had a trading volume of 3,485 shares, compared to its average volume of 9,986. Arbe Robotics has a 12 month low of $0.10 and a 12 month high of $0.40. The stock has a fifty day moving average of $0.18 and a 200 day moving average of $0.18.

Arbe Robotics Company Profile

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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.

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