Rail Vision Ltd. (NASDAQ:RVSN) Short Interest Down 57.7% in November

Rail Vision Ltd. (NASDAQ:RVSN) was the recipient of a large decline in short interest in November. As of November 15th, there was short interest totalling 155,200 shares, a decline of 57.7% from the October 31st total of 367,000 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 485,900 shares, the short-interest ratio is presently 0.3 days.

Rail Vision Stock Performance

Shares of NASDAQ RVSN traded down $0.01 during midday trading on Thursday, hitting $0.46. 290,501 shares of the company traded hands, compared to its average volume of 2,868,651. Rail Vision has a 12-month low of $0.38 and a 12-month high of $23.37. The firm has a market cap of $9.25 million, a P/E ratio of -0.10 and a beta of 0.35. The stock has a 50-day moving average price of $0.48 and a 200 day moving average price of $0.65.

Rail Vision Company Profile

Rail Vision Ltd. designs, develops, assembles, and sells railway detection systems for railway operational safety, efficiency, and predictive maintenance in Israel. The company's railway detection systems include various cameras, such as optics, visible light spectrum cameras (video), and thermal cameras that transmit data to a ruggedized on-board computer that is designed to be suitable for the rough environment of a train's locomotive.