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

AEye, Inc. (NASDAQ:LIDR) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 228,900 shares, a decline of 38.5% from the September 15th total of 372,200 shares. Based on an average daily trading volume, of 202,800 shares, the days-to-cover ratio is currently 1.1 days. Approximately 3.1% of the shares of the company are short sold.

AEye Stock Performance

Shares of LIDR stock opened at $1.24 on Friday. AEye has a 12 month low of $0.92 and a 12 month high of $7.17. The stock has a market capitalization of $8.22 million, a P/E ratio of -0.11 and a beta of 2.96. The company has a current ratio of 3.38, a quick ratio of 3.34 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $1.19 and its 200 day moving average is $1.65.

AEye (NASDAQ:LIDR) last posted its quarterly earnings results on Monday, August 5th. The company reported ($1.16) EPS for the quarter. The company had revenue of $0.03 million during the quarter. AEye had a negative return on equity of 134.40% and a negative net margin of 20,400.00%.

Wall Street Analyst Weigh In

Separately, Westpark Capital restated a “hold” rating on shares of AEye in a research note on Monday, August 5th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AEye stock. Mirador Capital Partners LP purchased a new position in AEye, Inc. (NASDAQ:LIDR) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 88,648 shares of the company’s stock, valued at approximately $111,000. Mirador Capital Partners LP owned approximately 1.36% of AEye at the end of the most recent quarter. Institutional investors own 21.58% of the company’s stock.

AEye Company Profile

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.