Thu Sep 19 07:47:08 UTC 2024: ## Foresight Autonomous Holdings Sees Short Interest Decline in August

**[City, State] – September 19, 2024** – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX), a technology company developing smart vision solutions for the automotive industry, experienced a significant decrease in short interest during August. Short interest fell by 11.3% to 161,200 shares as of August 31st, compared to 181,700 shares on August 15th.

This decline in short interest suggests a potential shift in investor sentiment towards Foresight Autonomous. The days-to-cover ratio, which measures the time it would take for short sellers to cover their positions, currently sits at 3.0 days based on average daily trading volume of 53,600 shares.

Foresight Autonomous opened at $0.69 on Thursday, with a 52-week range of $0.63 to $2.70. The company’s 50-day moving average is $0.84, while the 200-day moving average stands at $1.00.

In its most recent quarterly earnings report released on August 9th, Foresight Autonomous reported a loss of $0.30 per share, with revenue of $0.12 million for the quarter. The company’s return on equity was negative 86.89%, and net margin was a negative 1,871.62%.

Foresight Autonomous continues to develop its in-line-of-sight and beyond-line-of-site accident-prevention solutions for the global automotive market.

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