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

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSXGet Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 3,556 shares, a decline of 91.9% from the August 15th total of 43,777 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 62,051 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Check Out Our Latest Stock Report on Foresight Autonomous Holdings Ltd. American Depositary Shares

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Foresight Autonomous Holdings Ltd. American Depositary Shares stock. Yorkville Advisors Global LP acquired a new position in shares of Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSXFree Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares comprises 0.1% of Yorkville Advisors Global LP’s investment portfolio, making the stock its 22nd largest holding. Yorkville Advisors Global LP owned 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares at the end of the most recent quarter. Institutional investors and hedge funds own 23.45% of the company’s stock.

Foresight Autonomous Holdings Ltd. American Depositary Shares Price Performance

Foresight Autonomous Holdings Ltd. American Depositary Shares stock traded down $0.01 during trading on Friday, reaching $1.10. 5,069 shares of the company were exchanged, compared to its average volume of 464,138. The stock’s 50 day simple moving average is $1.31 and its two-hundred day simple moving average is $1.86. The company has a market capitalization of $1.78 million, a P/E ratio of -0.07 and a beta of 0.68. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 52-week low of $1.05 and a 52-week high of $7.95.

About Foresight Autonomous Holdings Ltd. American Depositary Shares

(Get Free Report)

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.

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