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

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the target of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 171,300 shares, a decrease of 21.2% from the October 15th total of 217,300 shares. Based on an average daily trading volume, of 56,600 shares, the short-interest ratio is presently 3.0 days.

Foresight Autonomous Price Performance

Shares of NASDAQ FRSX traded down $0.03 during trading hours on Friday, hitting $0.62. 27,628 shares of the company’s stock were exchanged, compared to its average volume of 105,352. Foresight Autonomous has a 1-year low of $0.57 and a 1-year high of $2.10. The company’s 50-day moving average price is $0.67 and its 200-day moving average price is $0.87.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Foresight Autonomous stock. Altshuler Shaham Ltd purchased a new stake in shares of Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous accounts for approximately 0.1% of Altshuler Shaham Ltd’s portfolio, making the stock its 26th largest holding. Altshuler Shaham Ltd owned approximately 27.23% of Foresight Autonomous at the end of the most recent quarter. Institutional investors and hedge funds 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.