Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Update

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 1,700 shares, a decrease of 46.9% from the March 31st total of 3,200 shares. Based on an average trading volume of 11,100 shares, the days-to-cover ratio is presently 0.2 days.

Arbe Robotics Price Performance

Shares of ARBEW remained flat at $0.19 during trading hours on Friday. 12,553 shares of the stock were exchanged, compared to its average volume of 11,342. Arbe Robotics has a 1-year low of $0.10 and a 1-year high of $0.40. The firm has a 50-day moving average of $0.17 and a 200 day moving average of $0.19.

Arbe Robotics Company Profile

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.