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

AEye, Inc. (NASDAQ:LIDRW) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 19,300 shares, an increase of 19,200.0% from the March 31st total of 100 shares. Based on an average daily trading volume, of 60,100 shares, the days-to-cover ratio is presently 0.3 days.

AEye Price Performance

Shares of NASDAQ LIDRW opened at $0.01 on Friday. AEye has a 52-week low of $0.00 and a 52-week high of $0.08. The business’s 50 day moving average is $0.01 and its two-hundred day moving average is $0.01.

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, Germany, Europe, and Asia. It offers 4Sight A, a software-configurable lidar solution for automotive markets, including 4Sight at Design, Triggered 4Sight, or Responsive 4Sight software levels; and 4Sight M, a software-configurable lidar solution for the mobility and industrial markets, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight software levels.