Short Interest in AEye, Inc. (NASDAQ:LIDRW) Declines By 34.9%

AEye, Inc. (NASDAQ:LIDRW) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 8,797 shares, a drop of 34.9% from the January 15th total of 13,504 shares. Based on an average trading volume of 20,214 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 20,214 shares, the short-interest ratio is currently 0.4 days.

AEye Stock Performance

LIDRW opened at $0.07 on Friday. The stock’s 50 day simple moving average is $0.10 and its 200 day simple moving average is $0.15. AEye has a 1-year low of $0.03 and a 1-year high of $0.58.

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.