Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Down 18.2% in August

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 2,700 shares, a decline of 18.2% from the August 15th total of 3,300 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is currently 0.8 days.

Arbe Robotics Stock Performance

Shares of ARBEW stock opened at $0.20 on Tuesday. Arbe Robotics has a one year low of $0.10 and a one year high of $0.31. The firm’s 50 day moving average price is $0.24 and its 200-day moving average price is $0.20.

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.