Arbe Robotics Ltd. (NASDAQ:ARBEW) Sees Significant Growth in Short Interest

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 7,100 shares, a growth of 144.8% from the December 15th total of 2,900 shares. Based on an average daily trading volume, of 81,400 shares, the short-interest ratio is presently 0.1 days.

Arbe Robotics Stock Performance

Shares of Arbe Robotics stock opened at $0.70 on Tuesday. Arbe Robotics has a 52 week low of $0.10 and a 52 week high of $1.26. The business has a 50 day moving average of $0.25 and a 200 day moving average of $0.23.

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.