Short Interest in Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) Grows By 1,175.0%

Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 350,624 shares, an increase of 1,175.0% from the January 15th total of 27,501 shares. Based on an average daily volume of 2,752,159 shares, the short-interest ratio is currently 0.1 days. Currently, 8.1% of the shares of the company are short sold. Currently, 8.1% of the shares of the company are short sold. Based on an average daily volume of 2,752,159 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Foresight Autonomous Holdings Ltd. American Depositary Shares in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Institutional Trading of Foresight Autonomous Holdings Ltd. American Depositary Shares

An institutional investor recently bought a new position in Foresight Autonomous Holdings Ltd. American Depositary Shares stock. Yorkville Advisors Global LP acquired a new stake in shares of Foresight Autonomous Holdings Ltd. American Depositary Shares (NASDAQ:FRSX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 85,000 shares of the company’s stock, valued at approximately $110,000. Foresight Autonomous Holdings Ltd. American Depositary Shares accounts for about 0.1% of Yorkville Advisors Global LP’s holdings, making the stock its 22nd biggest position. Yorkville Advisors Global LP owned about 1.75% of Foresight Autonomous Holdings Ltd. American Depositary Shares at the end of the most recent quarter. 23.45% of the stock is currently owned by institutional investors and hedge funds.

Foresight Autonomous Holdings Ltd. American Depositary Shares Trading Down 0.6%

NASDAQ FRSX traded down $0.01 on Tuesday, reaching $0.90. The company had a trading volume of 104,737 shares, compared to its average volume of 1,537,438. Foresight Autonomous Holdings Ltd. American Depositary Shares has a 52-week low of $0.83 and a 52-week high of $7.98. The company’s fifty day moving average is $1.39 and its 200 day moving average is $1.99.

Foresight Autonomous Holdings Ltd. American Depositary Shares’s stock is set to reverse split on the morning of Thursday, February 26th. The 1-3 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Wednesday, February 25th.

Foresight Autonomous Holdings Ltd. American Depositary Shares Company Profile

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.