Arbe Robotics Ltd. (NASDAQ:ARBEW) Sees Significant Growth in Short Interest
by Danessa Lincoln · The Markets DailyArbe Robotics Ltd. (NASDAQ:ARBEW – Get Free Report) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 65,384 shares, a growth of 1,472.9% from the June 15th total of 4,157 shares. Based on an average daily volume of 35,155 shares, the short-interest ratio is currently 1.9 days.
Arbe Robotics Price Performance
Shares of ARBEW stock traded down $0.00 during trading hours on Friday, reaching $0.04. 3,272 shares of the stock were exchanged, compared to its average volume of 28,412. Arbe Robotics has a 12-month low of $0.02 and a 12-month high of $0.50. The company’s 50-day moving average price is $0.04 and its 200-day moving average price is $0.07.
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.