Short Interest in Aware, Inc. (NASDAQ:AWRE) Grows By 20.4%

Aware, Inc. (NASDAQ:AWRE) saw a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 37,602 shares, a growth of 20.4% from the January 15th total of 31,235 shares. Based on an average daily trading volume, of 18,604 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 18,604 shares, the days-to-cover ratio is presently 2.0 days.

Aware Trading Up 0.6%

NASDAQ:AWRE opened at $1.73 on Tuesday. The company has a 50-day moving average price of $1.92 and a 200-day moving average price of $2.22. The stock has a market cap of $36.97 million, a price-to-earnings ratio of -6.41 and a beta of 0.84. Aware has a 12 month low of $1.37 and a 12 month high of $2.95.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Aware presently has an average rating of “Sell”.

Hedge Funds Weigh In On Aware

A number of institutional investors have recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC grew its position in shares of Aware by 14.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock worth $193,000 after buying an additional 10,000 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of Aware during the third quarter valued at approximately $193,000. Pekin Hardy Strauss Inc. bought a new position in shares of Aware during the third quarter valued at approximately $42,000. Vanguard Group Inc. lifted 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 purchasing an additional 13,070 shares during the last quarter. Finally, Aristides Capital LLC boosted its position in shares of Aware by 55.5% in the 2nd quarter. Aristides Capital LLC now owns 206,009 shares of the software maker’s stock worth $389,000 after purchasing an additional 73,500 shares in the last quarter. Institutional investors own 24.39% of the company’s stock.

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.