Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Short Interest Down 21.2% in October

Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) was the recipient of a significant decline in short interest in October. As of October 31st, there was short interest totalling 171,300 shares, a decline 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.

Foresight Autonomous Stock Performance

FRSX traded down $0.03 during trading on Friday, reaching $0.62. The company had a trading volume of 12,043 shares, compared to its average volume of 215,169. Foresight Autonomous has a 12 month low of $0.57 and a 12 month high of $2.10. The business’s fifty day moving average price is $0.68 and its 200 day moving average price is $0.88.

Institutional Trading of Foresight Autonomous

A hedge fund recently bought a new stake in Foresight Autonomous stock. Altshuler Shaham Ltd acquired a new stake in Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 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 investment portfolio, making the stock its 26th largest holding. Altshuler Shaham Ltd owned about 27.23% of Foresight Autonomous at the end of the most recent quarter. 23.45% of the stock is currently owned by institutional investors and hedge funds.

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.