Short Interest in AEye, Inc. (NASDAQ:LIDRW) Rises By 191.5%

AEye, Inc. (NASDAQ:LIDRW) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 13,504 shares, a growth of 191.5% from the December 31st total of 4,633 shares. Based on an average daily trading volume, of 17,990 shares, the short-interest ratio is currently 0.8 days. Based on an average daily trading volume, of 17,990 shares, the short-interest ratio is currently 0.8 days.

AEye Trading Down 16.2%

NASDAQ LIDRW opened at $0.07 on Friday. AEye has a twelve month low of $0.03 and a twelve month high of $0.58. The firm has a 50-day simple moving average of $0.11 and a 200 day simple moving average of $0.15.

AEye Company Profile

AEye, Inc is an artificial perception company specializing in advanced LiDAR-based vision systems designed to enhance the safety and autonomy of vehicles and machines. Through the integration of hardware, software and machine learning algorithms, the company delivers real-time detection, classification and ranging capabilities. Its offerings address the growing demand for reliable sensing solutions in applications such as autonomous driving, advanced driver-assist systems (ADAS), robotics, mapping and industrial automation.

The company’s flagship platform, 4Sight, combines adaptive LiDAR sensors with a software-defined sensing architecture to provide customizable field-of-view, range and resolution.