Arbe Robotics Ltd. (NASDAQ:ARBEW – Get Free Report) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 65,384 shares, an increase of 1,472.9% from the June 15th total of 4,157 shares. Based on an average trading volume of 35,155 shares, the days-to-cover ratio is presently 1.9 days.
Arbe Robotics Trading Down 3.0%
Shares of ARBEW stock traded down $0.00 during trading hours on Friday, hitting $0.04. 3,272 shares of the company were exchanged, compared to its average volume of 28,412. Arbe Robotics has a 1 year low of $0.02 and a 1 year high of $0.50. The firm has a fifty day moving average of $0.04 and a 200 day moving average of $0.07.
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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