Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Short Interest Update

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 43,777 shares, a drop of 65.4% from the July 30th total of 126,582 shares. Approximately 3.0% of the shares of the company are short sold. Based on an average daily volume of 25,130 shares, the days-to-cover ratio is currently 1.7 days.

Foresight Autonomous Holdings Ltd. American Depositary Shares Trading Down 2.6%

Shares of Foresight Autonomous Holdings Ltd. American Depositary Shares stock traded down $0.03 during trading hours on Friday, reaching $1.12. The stock had a trading volume of 21,987 shares, compared to its average volume of 45,437. The firm has a market capitalization of $1.81 million, a PE ratio of -0.07 and a beta of 0.69. Foresight Autonomous Holdings Ltd. American Depositary Shares has a twelve month low of $1.06 and a twelve month high of $7.95. The stock’s 50 day moving average is $1.43 and its 200 day moving average is $1.96.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Foresight Autonomous Holdings Ltd. American Depositary Shares stock. Yorkville Advisors Global LP bought a new stake in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares makes up 0.1% of Yorkville Advisors Global LP’s portfolio, making the stock its 22nd biggest holding. Yorkville Advisors Global LP owned about 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares as of its most recent SEC filing. 23.45% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research note on Friday, July 17th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

About Foresight Autonomous Holdings Ltd. American Depositary Shares

Foresight Autonomous Holdings Ltd. is an Israel‐based technology company specializing in advanced vision and sensing systems for driver assistance and autonomous vehicles. Incorporated in Israel, the company was established to address the growing demand for vision‐first safety solutions within the automotive industry.

Foresight markets two core product lines: a stereo‐camera platform that uses depth perception and image segmentation to detect pedestrians, vehicles and obstacles in real time, and iDAR, an “intelligent detection and ranging” system that blends LiDAR‐style distance measurement with software-driven image analysis.