Arbe Robotics Ltd. (NASDAQ:ARBEW – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 99,738 shares, a decrease of 41.7% from the August 15th total of 171,152 shares. Based on an average daily trading volume, of 16,532 shares, the short-interest ratio is currently 6.0 days.
Arbe Robotics Stock Down 20.5%
NASDAQ ARBEW opened at $0.02 on Wednesday. The stock’s 50-day moving average is $0.03 and its 200-day moving average is $0.04. Arbe Robotics has a one year low of $0.01 and a one year high of $0.50.
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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