Mobileye N.V. June 15th Short Interest Update

Mobileye N.V. (NYSE:MBLY), According to the latest information the short interest in Mobileye N.V. plummeted by 1% or 420,817 shares. The final shorts are 24.8% of the total floated shares. The positions dropped from 42,895,110 shares on May 31,2016 to 42,474,293 on June 15,2016. According to the per-day average trading of 2,465,616 shares, the days to cover are 17. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

Mobileye N.V. (NYSE:MBLY): The stock opened at $41.18 on Friday but the bulls could not build on the opening and the stock topped out at $42.62 for the day. The stock traded down to $40.00 during the day, due to lack of any buying support eventually closed down at $41.70 with a loss of -3.58% for the day. The stock had closed at $43.25 on the previous day. The total traded volume was 4,892,208 shares.

The company shares have dropped -21.14% from its 1 Year high price. On Aug 17, 2015, the shares registered one year high at $64.48 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $37.72 and the 200 Day Moving Average price is recorded at $35.73.

Mobileye N.V. (NYSE:MBLY) has climbed 6.46% in the past week and advanced 10.96% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 8.23% and the outperformance has advanced to 14.32% for the last 4 weeks period.

Mobileye NV designs and develops software and related technologies for camera-based advanced driver assistance systems (ADAS). The Companys software algorithms and EyeQ system on a chip (SOC) perform detailed interpretations of the visual field in order to anticipate possible collisions with other vehicles, pedestrians, cyclists, animals, debris and other obstacles. Its products are also able to detect roadway markings such as lanes, road boundaries, barriers and similar items, as well as to identify and read traffic signs and traffic lights. It operates in two segments: the original equipment manufacturer segment and the AM segment. The OEM segment supplies the software algorithms and EyeQ chip that are the core technology of the complete ADAS to the Tier 1 companies that are the system integrators for the automotive industry. In the AM segment, it sells a complete system, which includes its software algorithms and EyeQ chip, as well as the camera and other necessary components.

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