Arbe Robotics Ltd. (NASDAQ:ARBEW – Get Free Report ) has seen a significant increase in short interest during the month of July. As of July 15, short interest totaled 6,200 shares, up 21.6% from a total of 5,100 shares on June 30. Based on an average daily trading volume of 4,000 shares, the short interest ratio is currently at 1.6 days.
Arbe Robotics price performance
ARBEW opened trading at $0.27 on Friday. Arbe Robotics has a low of $0.10 and a high of $0.40 over the last 12 months. The company’s 50-day moving average is $0.22 and its 200-day moving average is $0.19.
Company Profile of ARBE Robotics
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Arbe Robotics Ltd., a semiconductor company, provides 4D imaging radar solutions to Tier 1 automotive suppliers and automakers in China, Hong Kong, Sweden, Germany, the US, Israel and around the world. The company offers 4D imaging radar chipset solutions that address key issues that contribute to autonomous vehicle and autopilot accidents, including detecting stationary objects, identifying vulnerable road users, operating in poor lighting conditions and eliminating false alarms without radar ambiguity.
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