Short Interest in Arbe Robotics Ltd. (NASDAQ:ARBEW) Grows By 23.3%

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 5,300 shares, a growth of 23.3% from the May 15th total of 4,300 shares. Based on an average daily trading volume, of 6,100 shares, the short-interest ratio is presently 0.9 days.

Arbe Robotics Stock Up 9.0 %

Shares of Arbe Robotics stock traded up $0.02 during trading on Monday, hitting $0.19. 1,550 shares of the stock were exchanged, compared to its average volume of 9,264. The company has a fifty day moving average price of $0.18 and a 200-day moving average price of $0.18. Arbe Robotics has a 1-year low of $0.10 and a 1-year high of $0.40.

About Arbe Robotics

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.