Arbe Robotics Ltd. (NASDAQ:ARBEW – Get Free Report) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 171,152 shares, an increase of 261.3% from the July 30th total of 47,376 shares. Based on an average daily volume of 7,318 shares, the short-interest ratio is presently 23.4 days.
Arbe Robotics Trading Up 16.7%
Shares of Arbe Robotics stock traded up $0.00 during trading on Friday, hitting $0.03. 5,820 shares of the company’s stock traded hands, compared to its average volume of 27,236. Arbe Robotics has a 1 year low of $0.02 and a 1 year high of $0.50. The business has a 50-day simple moving average of $0.03 and a 200-day simple moving average of $0.05.
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.
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