Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Down 57.7% in September

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 4,100 shares, a decrease of 57.7% from the August 31st total of 9,700 shares. Based on an average daily trading volume, of 17,400 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 17,400 shares, the short-interest ratio is presently 0.2 days.

Arbe Robotics Trading Up 4.7%

Shares of NASDAQ ARBEW opened at $0.28 on Friday. The firm has a 50-day simple moving average of $0.22 and a 200-day simple moving average of $0.23. 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.