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

AEye, Inc. (NASDAQ:LIDR) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 1,170,000 shares, a decrease of 22.5% from the February 28th total of 1,510,000 shares. Currently, 7.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,050,000 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of AEye

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Millennium Management LLC bought a new position in AEye during the 4th quarter valued at $32,000. Commonwealth Equity Services LLC acquired a new stake in shares of AEye in the 4th quarter valued at about $43,000. Two Sigma Securities LLC bought a new position in shares of AEye during the fourth quarter worth about $66,000. Virtu Financial LLC acquired a new position in AEye in the fourth quarter worth about $77,000. Finally, Citadel Advisors LLC bought a new stake in AEye in the fourth quarter valued at about $92,000. Institutional investors own 21.58% of the company’s stock.

AEye Stock Up 1.7 %

Shares of NASDAQ LIDR traded up $0.01 during midday trading on Wednesday, reaching $0.59. 143,684 shares of the company’s stock were exchanged, compared to its average volume of 2,009,528. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.24 and a current ratio of 2.26. AEye has a 52-week low of $0.51 and a 52-week high of $5.15. The business’s fifty day moving average price is $0.75 and its two-hundred day moving average price is $1.06. The stock has a market capitalization of $11.03 million, a PE ratio of -0.13 and a beta of 2.84.

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

AEye Company Profile

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.