Foresight Autonomous Holdings Ltd. (NASDAQ:FRSX) Short Interest Up 127.6% in January

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

Foresight Autonomous Price Performance

Shares of Foresight Autonomous stock traded up $0.01 during trading on Friday, hitting $1.08. The stock had a trading volume of 48,955 shares, compared to its average volume of 360,086. Foresight Autonomous has a 12 month low of $0.57 and a 12 month high of $2.63. The firm’s fifty day simple moving average is $1.15 and its 200-day simple moving average is $0.89. The stock has a market cap of $11.64 million, a PE ratio of -1.05 and a beta of 1.43.

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

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.