AEye, Inc. (NASDAQ:LIDR) Short Interest Update

AEye, Inc. (NASDAQ:LIDR) saw a significant increase in short interest in the month of February. As of February 15th, there was short interest totalling 1,460,000 shares, an increase of 67.1% from the January 31st total of 873,700 shares. Approximately 8.7% of the shares of the company are sold short. Based on an average daily trading volume, of 3,100,000 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On AEye

Several hedge funds have recently modified their holdings of the stock. Commonwealth Equity Services LLC purchased a new position in AEye during the 4th quarter worth $43,000. Virtu Financial LLC acquired a new position in shares of AEye during the fourth quarter worth about $77,000. Geode Capital Management LLC raised its holdings in AEye by 19.7% during the fourth quarter. Geode Capital Management LLC now owns 77,585 shares of the company’s stock worth $99,000 after purchasing an additional 12,779 shares in the last quarter. Two Sigma Securities LLC acquired a new stake in AEye in the fourth quarter valued at about $66,000. Finally, Citadel Advisors LLC acquired a new stake in AEye in the fourth quarter valued at about $92,000. 21.58% of the stock is owned by institutional investors and hedge funds.

AEye Stock Performance

Shares of NASDAQ:LIDR traded down $0.03 on Tuesday, reaching $0.54. The company’s stock had a trading volume of 187,598 shares, compared to its average volume of 3,634,400. AEye has a 52-week low of $0.51 and a 52-week high of $5.15. The stock has a market capitalization of $10.11 million, a P/E ratio of -0.11 and a beta of 2.79. The stock’s 50-day moving average is $1.16 and its two-hundred day moving average is $1.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.26 and a quick ratio of 2.24.

AEye (NASDAQ:LIDR) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($0.91) EPS for the quarter. AEye had a negative net margin of 17,554.46% and a negative return on equity of 169.57%. The company had revenue of $0.05 million for the quarter.

About AEye

AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.