Short Interest in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Increases By 127.6%

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 640,100 shares, an increase of 127.6% from the December 31st total of 281,300 shares. Based on an average daily volume of 739,900 shares, the short-interest ratio is presently 0.9 days.

Foresight Autonomous Stock Up 0.5 %

FRSX stock traded up $0.01 during trading on Friday, reaching $1.08. The company’s stock had a trading volume of 43,380 shares, compared to its average volume of 359,780. The company’s fifty day moving average is $1.15 and its 200-day moving average is $0.89. The company has a market capitalization of $11.64 million, a P/E ratio of -1.05 and a beta of 1.43. Foresight Autonomous has a 1 year low of $0.57 and a 1 year high of $2.63.

Foresight Autonomous (NASDAQ:FRSX) last issued its earnings results on Friday, November 29th. The company reported ($0.30) earnings per share (EPS) for the quarter. Foresight Autonomous had a negative net margin of 2,450.11% and a negative return on equity of 91.40%.

Foresight Autonomous Company Profile

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.