Arbe Robotics Ltd. (NASDAQ:ARBEW – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 171,152 shares, a growth of 261.3% from the July 30th total of 47,376 shares. Based on an average daily trading volume, of 7,318 shares, the short-interest ratio is presently 23.4 days.
Arbe Robotics Stock Down 22.1%
Shares of ARBEW stock opened at $0.02 on Thursday. Arbe Robotics has a fifty-two week low of $0.02 and a fifty-two week high of $0.50. The firm’s 50 day moving average price is $0.03 and its two-hundred day moving average price is $0.05.
Arbe Robotics Company Profile
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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