Rail Vision Ltd. (NASDAQ:RVSN) Short Interest Up 792.9% in January

Rail Vision Ltd. (NASDAQ:RVSN) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 2,850,000 shares, a growth of 792.9% from the December 31st total of 319,200 shares. Based on an average daily volume of 5,520,000 shares, the days-to-cover ratio is presently 0.5 days. Currently, 15.3% of the shares of the stock are short sold.

Rail Vision Stock Performance

NASDAQ:RVSN traded down $0.09 during mid-day trading on Tuesday, hitting $0.79. 1,870,465 shares of the company’s stock traded hands, compared to its average volume of 8,130,618. The firm’s 50 day simple moving average is $0.90 and its 200 day simple moving average is $0.67. Rail Vision has a 1 year low of $0.38 and a 1 year high of $23.37. The company has a market cap of $15.93 million, a PE ratio of -0.18 and a beta of -1.57.

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.