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

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 171,300 shares, a decrease of 21.2% from the October 15th total of 217,300 shares. Based on an average daily trading volume, of 56,600 shares, the days-to-cover ratio is currently 3.0 days.

Institutional Investors 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) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,948,177 shares of the company’s stock, valued at approximately $2,824,000. Foresight Autonomous makes up about 0.1% of Altshuler Shaham Ltd’s holdings, making the stock its 26th biggest position. Altshuler Shaham Ltd owned approximately 27.23% of Foresight Autonomous at the end of the most recent quarter. Institutional investors own 23.45% of the company’s stock.

Foresight Autonomous Price Performance

Shares of Foresight Autonomous stock traded down $0.03 during trading on Friday, hitting $0.62. 27,628 shares of the company’s stock traded hands, compared to its average volume of 105,352. The firm’s fifty day moving average price is $0.67 and its 200 day moving average price is $0.87. Foresight Autonomous has a twelve month low of $0.57 and a twelve month high of $2.10.

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.