Short Interest in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Grows By 31.5%

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) saw a large increase in short interest in the month of 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 trading volume of 119,000 shares, the days-to-cover ratio is currently 1.9 days.

Foresight Autonomous Price Performance

Foresight Autonomous stock opened at $0.64 on Monday. Foresight Autonomous has a 12-month low of $0.57 and a 12-month high of $2.06. The firm has a 50 day moving average of $0.66 and a 200 day moving average of $0.84.

Institutional Trading of Foresight Autonomous

An institutional investor recently bought a new position in Foresight Autonomous stock. Altshuler Shaham Ltd purchased a new position in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous makes up 0.1% of Altshuler Shaham Ltd’s holdings, making the stock its 26th largest holding. Altshuler Shaham Ltd owned 27.23% of Foresight Autonomous as of its most recent SEC filing. 23.45% of the stock is currently owned by institutional investors.

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.