Short Interest in Aware, Inc. (NASDAQ:AWRE) Expands By 7.3%

Aware, Inc. (NASDAQ:AWRE) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 41,100 shares, an increase of 7.3% from the December 15th total of 38,300 shares. Based on an average trading volume of 62,700 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Trading of Aware

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Renaissance Technologies LLC increased its position in Aware by 3.7% during the 2nd quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock valued at $1,414,000 after purchasing an additional 25,800 shares during the period. Geode Capital Management LLC boosted its stake in shares of Aware by 28.9% in the 3rd quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock valued at $316,000 after purchasing an additional 37,828 shares during the last quarter. Finally, Corsair Capital Management L.P. bought a new position in Aware during the third quarter worth $146,000. 24.39% of the stock is currently owned by institutional investors and hedge funds.

Aware Stock Performance

Shares of NASDAQ AWRE opened at $1.66 on Monday. The firm has a 50 day moving average price of $1.58 and a two-hundred day moving average price of $1.88. The stock has a market cap of $35.19 million, a P/E ratio of -4.61 and a beta of 0.72. Aware has a 52-week low of $1.35 and a 52-week high of $2.97.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Aware in a report on Thursday. They set a “buy” rating on the stock.

Aware Company Profile

Aware, Inc, an authentication company, provides biometrics software products and solutions for government agencies and commercial entities in the United States, the United Kingdom, and internationally. The company offers biometric software solution, including Knomi, a mobile biometric framework which provides multiple biometric modality options; AwareABIS, an automated biometric identification system used for large-scale biometric identification and deduplication; AFIX suite used for small-scale law enforcement focused biometric identification; and AFIX Tracker for fingerprint, palmprint, and latent print identification, as well as AFIX Face, AFIX Verifier, AFIX Identifier, AFIX Comparator, AFIX Engine, and AFIX NIST Transaction Engine.