Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Down 16.1% in March

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 12,500 shares, a drop of 16.1% from the March 15th total of 14,900 shares. Based on an average daily volume of 92,400 shares, the days-to-cover ratio is currently 0.1 days.

Arbe Robotics Stock Down 15.1 %

Shares of ARBEW opened at $0.18 on Tuesday. The stock has a fifty day simple moving average of $0.28 and a two-hundred day simple moving average of $0.30. Arbe Robotics has a 52-week low of $0.11 and a 52-week high of $1.26.

Arbe Robotics Company Profile

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.