Short Interest in Rail Vision Ltd. (NASDAQ:RVSN) Expands By 792.9%

Rail Vision Ltd. (NASDAQ:RVSN) saw a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 2,850,000 shares, an increase of 792.9% from the December 15th total of 319,200 shares. Currently, 15.3% of the shares of the company are short sold. Based on an average daily trading volume, of 5,520,000 shares, the days-to-cover ratio is currently 0.5 days.

Rail Vision Stock Performance

Rail Vision stock traded down $0.14 during trading hours on Tuesday, reaching $1.52. 2,392,993 shares of the stock were exchanged, compared to its average volume of 9,843,824. The stock has a market cap of $30.57 million, a P/E ratio of -0.34 and a beta of -1.57. Rail Vision has a 52-week low of $0.38 and a 52-week high of $23.37. The firm’s 50 day moving average is $0.79 and its 200 day moving average is $0.65.

About Rail Vision

Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel. The company's railway detection systems include various cameras, such as optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized on-board computer that is designed to be suitable for the rough environment of a train's locomotive.