Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Short Interest Update

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 208,784 shares, a decline of 40.5% from the January 29th total of 350,624 shares. Approximately 4.8% of the shares of the company are sold short. Based on an average trading volume of 117,143 shares, the days-to-cover ratio is currently 1.8 days. Based on an average trading volume of 117,143 shares, the days-to-cover ratio is currently 1.8 days. Approximately 4.8% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Institutional Investors Weigh In On Foresight Autonomous Holdings Ltd. American Depositary Shares

An institutional investor recently bought a new position in Foresight Autonomous Holdings Ltd. American Depositary Shares stock. Yorkville Advisors Global LP acquired a new position in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares accounts for about 0.1% of Yorkville Advisors Global LP’s portfolio, making the stock its 22nd biggest position. Yorkville Advisors Global LP owned about 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares at the end of the most recent reporting period. 23.45% of the stock is currently owned by institutional investors and hedge funds.

Foresight Autonomous Holdings Ltd. American Depositary Shares Trading Down 2.3%

FRSX stock traded down $0.06 during mid-day trading on Monday, hitting $2.59. The stock had a trading volume of 30,905 shares, compared to its average volume of 273,272. The firm has a fifty day simple moving average of $3.43 and a 200 day simple moving average of $5.52. The firm has a market capitalization of $4.20 million, a P/E ratio of -0.35 and a beta of 0.70. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 52 week low of $2.33 and a 52 week high of $17.22.

Foresight Autonomous Holdings Ltd. American Depositary Shares Company Profile

Foresight Autonomous Holdings Ltd. is an Israel‐based technology company specializing in advanced vision and sensing systems for driver assistance and autonomous vehicles. Incorporated in Israel, the company was established to address the growing demand for vision‐first safety solutions within the automotive industry.

Foresight markets two core product lines: a stereo‐camera platform that uses depth perception and image segmentation to detect pedestrians, vehicles and obstacles in real time, and iDAR, an “intelligent detection and ranging” system that blends LiDAR‐style distance measurement with software-driven image analysis.