Rail Vision Ltd. (NASDAQ:RVSN) Short Interest Update

Rail Vision Ltd. (NASDAQ:RVSN) was the recipient of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 1,610,000 shares, a decrease of 17.9% from the February 13th total of 1,960,000 shares. Based on an average daily volume of 7,260,000 shares, the short-interest ratio is currently 0.2 days. Approximately 8.7% of the shares of the company are short sold.

Rail Vision Stock Up 0.2 %

Rail Vision stock traded up $0.00 during mid-day trading on Tuesday, reaching $0.48. The company had a trading volume of 428,281 shares, compared to its average volume of 2,609,003. Rail Vision has a 52 week low of $0.38 and a 52 week high of $2.95. The company has a 50 day moving average of $0.79 and a 200-day moving average of $0.66. The firm has a market cap of $9.63 million, a price-to-earnings ratio of -0.11 and a beta of -1.54.

Institutional Trading of Rail Vision

An institutional investor recently bought a new position in Rail Vision stock. Millennium Management LLC purchased a new stake in Rail Vision Ltd. (NASDAQ:RVSN) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 22,089 shares of the company’s stock, valued at approximately $47,000. Millennium Management LLC owned 0.11% of Rail Vision at the end of the most recent reporting period. 12.11% of the stock is owned by institutional investors and hedge funds.

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.