AEye, Inc. (NASDAQ:LIDRW) Sees Large Drop in Short Interest

AEye, Inc. (NASDAQ:LIDRW) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 94 shares, a decrease of 97.4% from the February 26th total of 3,560 shares. Based on an average daily trading volume, of 13,166 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 13,166 shares, the short-interest ratio is presently 0.0 days.

AEye Price Performance

NASDAQ:LIDRW traded up $0.00 on Wednesday, reaching $0.05. 25,985 shares of the company’s stock traded hands, compared to its average volume of 29,982. The stock has a 50-day simple moving average of $0.07 and a 200-day simple moving average of $0.12. AEye has a 12 month low of $0.03 and a 12 month 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.