Arbe Robotics Ltd. (NASDAQ:ARBEW) Short Interest Up 33.4% in March

Arbe Robotics Ltd. (NASDAQ:ARBEW) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 24,449 shares, a growth of 33.4% from the February 26th total of 18,325 shares. Based on an average daily trading volume, of 7,293 shares, the days-to-cover ratio is presently 3.4 days.

Arbe Robotics Price Performance

Shares of NASDAQ:ARBEW opened at $0.05 on Monday. Arbe Robotics has a 12 month low of $0.04 and a 12 month high of $0.50. The company’s 50-day moving average price is $0.10 and its two-hundred day moving average price is $0.17.

About Arbe Robotics

Arbe Robotics Ltd is a developer of advanced radar sensing solutions for the automotive industry, specializing in high-resolution 4D imaging radar designed to support advanced driver-assistance systems (ADAS) and fully autonomous vehicles. Its platform combines custom radar hardware with proprietary signal-processing software to deliver accurate object detection, classification and tracking in real time under diverse environmental conditions.

The company’s flagship product is a 4D imaging radar sensor capable of generating detailed spatial maps of the vehicle’s surroundings, with a detection range extending up to 200 meters and the ability to identify multiple targets simultaneously.