Aware, Inc. (NASDAQ:AWRE) Stock Short Interest Falls 43.8%

Aware, Inc. (NASDAQ:AWRE) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 56,262 shares, a decrease of 43.8% from the September 15th total of 100,198 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 24,343 shares, the days-to-cover ratio is currently 2.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in Aware stock. Renaissance Technologies LLC grew its holdings in shares of Aware, Inc. (NASDAQ:AWRE) by 1.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 655,712 shares of the software maker’s stock after buying an additional 10,139 shares during the quarter. Renaissance Technologies LLC owned 3.03% of Aware worth $820,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 24.39% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Aware in a research note on Thursday. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has an average rating of “Sell”.

Aware Stock Performance

Shares of NASDAQ AWRE traded up $0.02 during midday trading on Friday, hitting $0.90. 23,788 shares of the stock traded hands, compared to its average volume of 31,071. The company has a market cap of $19.56 million, a PE ratio of -2.24 and a beta of 1.04. Aware has a one year low of $0.86 and a one year high of $2.57. The business has a 50 day moving average price of $1.16 and a two-hundred day moving average price of $1.25.

Aware (NASDAQ:AWRE) last issued its earnings results on Wednesday, July 29th. The software maker reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). Aware had a negative return on equity of 35.21% and a negative net margin of 51.92%. The firm had revenue of $3.25 million for the quarter, compared to analyst estimates of $3.70 million.

About Aware

Aware, Inc is a biometric software and technology company that develops solutions for identity management, authentication and biometric data processing. Its products support the enrollment, storage, comparison and verification of biometric information, including fingerprints, facial images, irises and other biometric modalities.

The company’s offerings are designed for government agencies, law enforcement, border management, defense organizations and commercial enterprises. Aware provides biometric platforms, identity-management software, application programming interfaces and related tools that can be used to build systems for applicant screening, identity verification, credentialing and secure access.

Aware was founded in 1986 and is headquartered in Bedford, Massachusetts.