Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Declines By 46.9%

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a large 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 short-interest ratio is currently 0.2 days.

Arbe Robotics Stock Performance

Shares of NASDAQ ARBEW remained flat at $0.19 during mid-day trading on Friday. The stock had a trading volume of 12,553 shares, compared to its average volume of 11,342. The company’s fifty day moving average is $0.17 and its two-hundred day moving average is $0.19. Arbe Robotics has a fifty-two week low of $0.10 and a fifty-two week high of $0.40.

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.