Short Interest in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Declines By 65.4%

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 43,777 shares, a decrease of 65.4% from the July 30th total of 126,582 shares. Based on an average daily trading volume, of 25,130 shares, the short-interest ratio is presently 1.7 days. Approximately 3.0% of the shares of the company are sold short.

Foresight Autonomous Holdings Ltd. American Depositary Shares Stock Down 2.6%

Shares of FRSX traded down $0.03 on Friday, reaching $1.12. The stock had a trading volume of 21,987 shares, compared to its average volume of 488,654. Foresight Autonomous Holdings Ltd. American Depositary Shares has a twelve month low of $1.06 and a twelve month high of $7.95. The firm has a market capitalization of $1.81 million, a PE ratio of -0.07 and a beta of 0.69. The firm has a 50-day moving average of $1.44 and a 200 day moving average of $1.96.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Foresight Autonomous Holdings Ltd. American Depositary Shares stock. Yorkville Advisors Global LP acquired a new position in shares of Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares comprises about 0.1% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 22nd biggest position. Yorkville Advisors Global LP owned about 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares as of its most recent SEC filing. 23.45% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a report on Friday, July 17th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

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.