Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Down 57.7% in September

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 4,100 shares, a decline of 57.7% from the August 31st total of 9,700 shares. Based on an average daily volume of 17,400 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 17,400 shares, the days-to-cover ratio is presently 0.2 days.

Arbe Robotics Price Performance

Shares of Arbe Robotics stock opened at $0.30 on Friday. The company’s fifty day simple moving average is $0.22 and its two-hundred day simple moving average is $0.23. Arbe Robotics has a 12-month low of $0.11 and a 12-month high of $1.26.

About Arbe Robotics

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.