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

Aware, Inc. (NASDAQ:AWRE) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 31,000 shares, a decrease of 18.2% from the May 31st total of 37,900 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 40,900 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Aware stock. Thompson Davis & CO. Inc. acquired a new stake in Aware, Inc. (NASDAQ:AWRE) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 93,666 shares of the software maker’s stock, valued at approximately $156,000. Thompson Davis & CO. Inc. owned 0.45% of Aware at the end of the most recent reporting period. 24.39% of the stock is owned by hedge funds and other institutional investors.

Aware Price Performance

Shares of Aware stock remained flat at $1.97 during midday trading on Friday. 8,988 shares of the company were exchanged, compared to its average volume of 24,528. The company’s fifty day moving average is $1.88 and its two-hundred day moving average is $1.78. Aware has a fifty-two week low of $1.05 and a fifty-two week high of $2.20.

Aware (NASDAQ:AWRE) last released its earnings results on Thursday, May 2nd. The software maker reported ($0.05) EPS for the quarter. Aware had a negative net margin of 36.65% and a negative return on equity of 13.16%. The firm had revenue of $4.42 million during the quarter.

Aware Company Profile

Aware, Inc, an authentication company, provides biometrics software products and solutions for government agencies and commercial entities in the United States, the United Kingdom, and internationally. The company offers biometric software solution, including Knomi, a mobile biometric framework which provides multiple biometric modality options; AwareABIS, an automated biometric identification system used for large-scale biometric identification and deduplication; AFIX suite used for small-scale law enforcement focused biometric identification; and AFIX Tracker for fingerprint, palmprint, and latent print identification, as well as AFIX Face, AFIX Verifier, AFIX Identifier, AFIX Comparator, AFIX Engine, and AFIX NIST Transaction Engine.