Short Interest in Aware, Inc. (NASDAQ:AWRE) Decreases By 28.7%

Aware, Inc. (NASDAQ:AWRE) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 44,500 shares, a decline of 28.7% from the January 15th total of 62,400 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 64,100 shares, the days-to-cover ratio is presently 0.7 days.

Aware Stock Down 3.2 %

Shares of Aware stock traded down $0.05 on Friday, reaching $1.61. The company’s stock had a trading volume of 36,473 shares, compared to its average volume of 38,169. Aware has a 52-week low of $1.35 and a 52-week high of $2.97. The company has a market capitalization of $34.08 million, a P/E ratio of -4.47 and a beta of 0.71. The stock has a 50-day moving average price of $1.62 and a 200-day moving average price of $1.84.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Aware in a research report on Sunday, February 9th. They issued a “buy” rating for the company.

Institutional Trading of Aware

A hedge fund recently raised its stake in Aware stock. Geode Capital Management LLC increased its position in shares of Aware, Inc. (NASDAQ:AWRE) by 28.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 168,740 shares of the software maker’s stock after purchasing an additional 37,828 shares during the quarter. Geode Capital Management LLC owned approximately 0.80% of Aware worth $316,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 24.39% of the company’s stock.

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.