AEye, Inc. (NASDAQ:LIDR) Short Interest Update

AEye, Inc. (NASDAQ:LIDR) saw a significant increase in short interest in February. As of February 15th, there was short interest totalling 1,460,000 shares, an increase of 67.1% from the January 31st total of 873,700 shares. Based on an average daily trading volume, of 3,100,000 shares, the short-interest ratio is presently 0.5 days. Approximately 8.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On AEye

Several institutional investors and hedge funds have recently made changes to their positions in the business. Millennium Management LLC acquired a new position in AEye during the fourth quarter worth about $32,000. Commonwealth Equity Services LLC purchased a new stake in AEye in the 4th quarter valued at approximately $43,000. Two Sigma Securities LLC acquired a new stake in AEye during the 4th quarter valued at $66,000. Virtu Financial LLC purchased a new position in AEye during the fourth quarter worth $77,000. Finally, Citadel Advisors LLC acquired a new position in shares of AEye in the fourth quarter worth $92,000. 21.58% of the stock is currently owned by hedge funds and other institutional investors.

AEye Price Performance

Shares of LIDR stock traded down $0.03 during midday trading on Tuesday, reaching $0.54. 187,598 shares of the company traded hands, compared to its average volume of 3,634,400. The firm’s 50 day simple moving average is $1.16 and its two-hundred day simple moving average is $1.15. The firm has a market cap of $10.11 million, a PE ratio of -0.11 and a beta of 2.79. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.26 and a quick ratio of 2.24. AEye has a 1-year low of $0.51 and a 1-year high of $5.15.

AEye (NASDAQ:LIDR) last posted its earnings results on Thursday, February 20th. The company reported ($0.91) EPS for the quarter. The firm had revenue of $0.05 million for the quarter. AEye had a negative return on equity of 169.57% and a negative net margin of 17,554.46%.

About AEye

AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.