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

Aware, Inc. (NASDAQ:AWRE) was the target of a significant decline in short interest in December. As of December 31st, there was short interest totaling 28,973 shares, a decline of 41.4% from the December 15th total of 49,402 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 33,746 shares, the short-interest ratio is presently 0.9 days. Based on an average trading volume of 33,746 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Aware in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Aware currently has an average rating of “Sell”.

Insider Transactions at Aware

In related news, CEO Ajay K. Amlani acquired 13,227 shares of Aware stock in a transaction on Monday, November 3rd. The shares were acquired at an average cost of $2.23 per share, with a total value of $29,496.21. Following the transaction, the chief executive officer owned 835,779 shares in the company, valued at $1,863,787.17. This trade represents a 1.61% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 29.70% of the company’s stock.

Institutional Investors Weigh In On Aware

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in shares of Aware by 1.6% during the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after acquiring an additional 13,070 shares in the last quarter. Aristides Capital LLC raised its holdings in Aware by 55.5% in the second quarter. Aristides Capital LLC now owns 206,009 shares of the software maker’s stock worth $389,000 after buying an additional 73,500 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of Aware in the third quarter worth approximately $193,000. CIBC Private Wealth Group LLC grew its holdings in shares of Aware by 14.3% during the third quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock valued at $193,000 after buying an additional 10,000 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Aware by 71.6% during the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after acquiring an additional 14,436 shares in the last quarter. 24.39% of the stock is owned by institutional investors.

Aware Price Performance

Shares of Aware stock opened at $1.87 on Thursday. Aware has a 1 year low of $1.37 and a 1 year high of $2.95. The firm has a market cap of $39.96 million, a price-to-earnings ratio of -6.93 and a beta of 0.81. The company has a 50-day moving average of $2.11 and a 200 day moving average of $2.27.

Aware (NASDAQ:AWRE) last announced its quarterly earnings data on Wednesday, October 29th. The software maker reported ($0.05) earnings per share for the quarter. Aware had a negative return on equity of 19.41% and a negative net margin of 32.20%.The business had revenue of $5.13 million during the quarter.

Aware Company Profile

Aware, Inc is a technology company specializing in biometric software and image processing solutions. Its core offerings include fingerprint, face and iris recognition algorithms, biometric template management, and mobile enrolment tools designed to capture and verify identities in secure environments. The company’s software development kits (SDKs) and web services APIs enable system integrators, device manufacturers and application developers to embed biometric and forensic capabilities into their products and services.

Founded in 1986 and headquartered in Bedford, Massachusetts, Aware evolved from an imaging technology provider into a leading vendor of biometric software.