Short Interest in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Decreases By 91.9%

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,556 shares, a decrease of 91.9% from the August 15th total of 43,777 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 62,051 shares, the short-interest ratio is currently 0.1 days.

Foresight Autonomous Holdings Ltd. American Depositary Shares Stock Up 0.9%

FRSX traded up $0.01 during trading on Thursday, hitting $1.11. The company’s stock had a trading volume of 6,496 shares, compared to its average volume of 42,954. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 12 month low of $1.05 and a 12 month high of $7.95. The firm’s 50 day moving average price is $1.31 and its two-hundred day moving average price is $1.86. The stock has a market capitalization of $1.80 million, a price-to-earnings ratio of -0.07 and a beta of 0.68.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a research note on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

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

A hedge fund recently bought a new stake in Foresight Autonomous Holdings Ltd. American Depositary Shares stock. Yorkville Advisors Global LP purchased a new stake in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares accounts for 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 at the end of the most recent reporting period. 23.45% of the stock is currently owned by hedge funds and other institutional investors.

About Foresight Autonomous Holdings Ltd. American Depositary Shares

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.