Rail Vision Ltd. (NASDAQ:RVSN) Sees Significant Growth in Short Interest

Rail Vision Ltd. (NASDAQ:RVSN) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 554,800 shares, a growth of 45.3% from the March 31st total of 381,800 shares. Based on an average daily trading volume, of 7,640,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 5.5% of the company’s stock are sold short.

Institutional Investors Weigh In On Rail Vision

An institutional investor recently bought a new position in Rail Vision stock. RIA Advisory Group LLC purchased a new stake in Rail Vision Ltd. (NASDAQ:RVSN) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 23,000 shares of the company’s stock, valued at approximately $35,000. RIA Advisory Group LLC owned about 0.92% of Rail Vision as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 12.11% of the company’s stock.

Rail Vision Trading Up 1.9 %

Rail Vision stock traded up 0.02 during mid-day trading on Friday, hitting 1.09. 339,000 shares of the company’s stock were exchanged, compared to its average volume of 3,535,220. The stock has a market cap of $17.97 million, a P/E ratio of -0.24 and a beta of 0.01. Rail Vision has a 1-year low of 0.98 and a 1-year high of 23.37. The stock has a 50 day moving average of 2.24 and a two-hundred day moving average of 3.10.

Rail Vision (NASDAQ:RVSN) last posted its earnings results on Thursday, March 28th. The company reported -0.84 EPS for the quarter.

Rail Vision Company Profile

Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel. The company's railway detection systems include various cameras, such as optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized on-board computer that is designed to be suitable for the rough environment of a train's locomotive.