Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Short Interest Up 77.1% in June

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 166,308 shares, a growth of 77.1% from the May 31st total of 93,885 shares. Based on an average daily trading volume, of 4,983,239 shares, the short-interest ratio is presently 0.0 days. Approximately 11.5% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a report on Tuesday, April 21st. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Foresight Autonomous Holdings Ltd. American Depositary Shares Price Performance

Shares of Foresight Autonomous Holdings Ltd. American Depositary Shares stock opened at $1.87 on Friday. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 1 year low of $1.22 and a 1 year high of $12.39. The firm’s 50-day moving average is $1.90 and its two-hundred day moving average is $2.69. The stock has a market cap of $3.03 million, a price-to-earnings ratio of -0.08 and a beta of 0.65.

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 purchased a new position in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares makes up about 0.1% of Yorkville Advisors Global LP’s portfolio, making the stock its 22nd largest holding. Yorkville Advisors Global LP owned about 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 23.45% of the company’s stock.

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.