Rail Vision Ltd. (NASDAQ:RVSN) Short Interest Up 35.2% in February

Rail Vision Ltd. (NASDAQ:RVSN) saw a significant growth in short interest in February. As of February 15th, there was short interest totalling 1,960,000 shares, a growth of 35.2% from the January 31st total of 1,450,000 shares. Currently, 10.5% of the company’s stock are sold short. Based on an average trading volume of 7,150,000 shares, the short-interest ratio is presently 0.3 days.

Rail Vision Stock Down 9.5 %

Shares of RVSN stock opened at $0.47 on Tuesday. The firm has a fifty day moving average of $1.00 and a 200-day moving average of $0.67. Rail Vision has a 12-month low of $0.38 and a 12-month high of $4.79. The company has a market capitalization of $9.45 million, a price-to-earnings ratio of -0.10 and a beta of -1.74.

Institutional Investors Weigh In On Rail Vision

A hedge fund recently bought a new stake in Rail Vision stock. Millennium Management LLC purchased a new stake in Rail Vision Ltd. (NASDAQ:RVSN) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 22,089 shares of the company’s stock, valued at approximately $47,000. Millennium Management LLC owned about 0.11% of Rail Vision at the end of the most recent quarter. Hedge funds and other institutional investors own 12.11% of the company’s stock.

About Rail Vision

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.