Short Interest Update on Mobileye N.V. (MBLY)

Mobileye N.V. (MBLY) has 31,507,086 shares of shorts outstanding as on August 15, 2016, with 12 days left to cover or roll them over. On Jul 29, 2016, the open interest of short positions was 31,798,662 shares. The stock has a decent trading volume of 2,695,616 shares daily. The marginal decrease in the short positions is by -0.9%, which amounts to -291,576 shares. Short positions are 18.4% of the available float. The short interest information was released on Wednesday Aug 24th after the market close.

Mobileye N.V. (NYSE:MBLY): The stock opened at $49.63 on Wednesday but the bulls could not build on the opening and the stock topped out at $49.63 for the day. The stock traded down to $47.60 during the day, due to lack of any buying support eventually closed down at $47.87 with a loss of -3.60% for the day. The stock had closed at $49.66 on the previous day. The total traded volume was 4,575,897 shares.


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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