Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Short Interest Down 40.5% in February

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) saw a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 208,784 shares, a decline of 40.5% from the January 29th total of 350,624 shares. Approximately 4.8% of the company’s shares are sold short. Based on an average trading volume of 117,143 shares, the short-interest ratio is presently 1.8 days. Based on an average trading volume of 117,143 shares, the short-interest ratio is presently 1.8 days. Approximately 4.8% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Foresight Autonomous Holdings Ltd. American Depositary Shares stock. Yorkville Advisors Global LP purchased a new position in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 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 biggest holding. Yorkville Advisors Global LP owned 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares at the end of the most recent reporting period. 23.45% of the stock is owned by institutional investors.

Foresight Autonomous Holdings Ltd. American Depositary Shares Stock Performance

Shares of NASDAQ:FRSX opened at $2.65 on Friday. The company has a 50 day moving average price of $3.48 and a two-hundred day moving average price of $5.56. The company has a market capitalization of $4.29 million, a PE ratio of -0.36 and a beta of 0.70. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 52 week low of $2.33 and a 52 week high of $17.22.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

About Foresight Autonomous Holdings Ltd. American Depositary Shares

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.