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

Aware, Inc. (NASDAQ:AWRE) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 40,400 shares, a decrease of 14.6% from the October 15th total of 47,300 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 53,000 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On Aware

Institutional investors and hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC grew its holdings in shares of Aware by 3.7% during the second quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock valued at $1,414,000 after purchasing an additional 25,800 shares during the last quarter. Geode Capital Management LLC increased its position in Aware by 28.9% in the 3rd quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock valued at $316,000 after acquiring an additional 37,828 shares during the period. Finally, Corsair Capital Management L.P. acquired a new position in shares of Aware during the third quarter valued at $146,000. 24.39% of the stock is owned by institutional investors and hedge funds.

Aware Trading Down 4.0 %

AWRE stock opened at $1.44 on Monday. Aware has a twelve month low of $1.42 and a twelve month high of $2.97. The company has a market capitalization of $30.53 million, a P/E ratio of -4.00 and a beta of 0.82. The firm has a 50 day simple moving average of $1.88 and a 200-day simple moving average of $1.98.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on Aware in a research report on Wednesday, November 13th. They issued a “buy” rating for the company.

About Aware

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.