Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Short Interest Up 31.5% in November

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 225,200 shares, an increase of 31.5% from the October 31st total of 171,300 shares. Based on an average daily trading volume, of 119,000 shares, the days-to-cover ratio is currently 1.9 days.

Foresight Autonomous Trading Up 4.3 %

Foresight Autonomous stock traded up $0.03 during midday trading on Friday, hitting $0.64. The stock had a trading volume of 75,235 shares, compared to its average volume of 227,212. Foresight Autonomous has a 52-week low of $0.57 and a 52-week high of $2.06. The firm’s fifty day moving average is $0.66 and its two-hundred day moving average is $0.84.

Institutional Trading of Foresight Autonomous

An institutional investor recently bought a new position in Foresight Autonomous stock. Altshuler Shaham Ltd bought a new stake in shares of Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous accounts for 0.1% of Altshuler Shaham Ltd’s holdings, making the stock its 26th largest holding. Altshuler Shaham Ltd owned about 27.23% of Foresight Autonomous at the end of the most recent reporting period. Hedge funds and other institutional investors own 23.45% of the company’s stock.

Foresight Autonomous Company Profile

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.