Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Up 10.0% in August

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the target of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 3,300 shares, an increase of 10.0% from the July 31st total of 3,000 shares. Based on an average daily trading volume, of 4,000 shares, the short-interest ratio is presently 0.8 days.

Arbe Robotics Stock Performance

Shares of NASDAQ:ARBEW opened at $0.23 on Tuesday. The company has a fifty day simple moving average of $0.24 and a 200 day simple moving average of $0.20. Arbe Robotics has a 12-month low of $0.10 and a 12-month high of $0.31.

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.