Aware, Inc. (NASDAQ:AWRE) Sees Large Increase in Short Interest

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Corsair Capital Management L.P. acquired a new stake in shares of Aware in the 3rd quarter valued at $146,000. Geode Capital Management LLC raised its holdings in Aware by 28.9% during the 3rd quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock worth $316,000 after purchasing an additional 37,828 shares during the last quarter. Finally, Renaissance Technologies LLC lifted 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. Institutional investors own 24.39% of the company’s stock.

Aware Trading Down 1.8 %

AWRE opened at $1.60 on Tuesday. Aware has a 1-year low of $1.35 and a 1-year high of $2.97. The firm has a 50-day moving average price of $1.61 and a two-hundred day moving average price of $1.85. The stock has a market capitalization of $33.92 million, a PE ratio of -4.44 and a beta of 0.71.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Aware in a research note on Saturday. They issued a “buy” rating on the stock.

About Aware

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.