Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Short Interest Update

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 225,200 shares, a growth of 31.5% from the October 31st total of 171,300 shares. Based on an average trading volume of 119,000 shares, the short-interest ratio is currently 1.9 days.

Hedge Funds Weigh In On Foresight Autonomous

An institutional investor recently bought a new position in Foresight Autonomous stock. Altshuler Shaham Ltd purchased a new stake in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous comprises approximately 0.1% of Altshuler Shaham Ltd’s portfolio, making the stock its 26th biggest holding. Altshuler Shaham Ltd owned approximately 27.23% of Foresight Autonomous at the end of the most recent reporting period. Institutional investors own 23.45% of the company’s stock.

Foresight Autonomous Stock Performance

FRSX stock opened at $0.64 on Monday. Foresight Autonomous has a twelve month low of $0.57 and a twelve month high of $2.06. The business has a 50 day moving average price of $0.66 and a two-hundred day moving average price of $0.84.

About Foresight Autonomous

Foresight Autonomous Holdings Ltd., a technology company, engages in the development of smart multi-spectral 3D vision software solutions and cellular-based applications for the automotive industry in Israel, Japan, the United States, and internationally. It develops in-line-of-sight vision solutions and beyond-line-of-site accident-prevention solutions.