Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Stock Short Interest Report for October

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 25,337 shares, an increase of 78.5% from the September 30th total of 14,197 shares. Based on an average trading volume of 362,634 shares, the short-interest ratio is currently 0.1 days. Approximately 1.7% of the shares of the stock are sold short.

Foresight Autonomous Holdings Ltd. American Depositary Shares Price Performance

FRSX traded down $0.02 during trading on Friday, hitting $0.68. The company’s stock had a trading volume of 7,419 shares, compared to its average volume of 233,773. Foresight Autonomous Holdings Ltd. American Depositary Shares has a twelve month low of $0.68 and a twelve month high of $7.00. The stock has a market cap of $1.10 million, a PE ratio of -0.04 and a beta of 0.70. The firm’s 50 day moving average price is $1.01 and its 200-day moving average price is $1.86.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research note on Thursday, October 15th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Foresight Autonomous Holdings Ltd. American Depositary Shares currently has an average rating of “Sell”.

About Foresight Autonomous Holdings Ltd. American Depositary Shares

Foresight Autonomous Holdings Ltd. is an Israel-based technology company developing computer-vision solutions for the automotive and transportation industries. Its systems are designed to support advanced driver-assistance systems and autonomous vehicles by detecting and classifying obstacles, vehicles, pedestrians and other objects in a vehicle’s surroundings.

The company’s principal product, QuadSight, uses a combination of visible-light and infrared cameras with proprietary image-processing algorithms to provide three-dimensional perception in challenging conditions, including darkness, glare, fog and limited visibility.