Short Interest in AEye, Inc. (NASDAQ:LIDRW) Drops By 58.2%

AEye, Inc. (NASDAQ:LIDRW) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 4,633 shares, a drop of 58.2% from the December 15th total of 11,091 shares. Based on an average daily volume of 17,130 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 17,130 shares, the short-interest ratio is currently 0.3 days.

AEye Price Performance

Shares of LIDRW traded down $0.00 during mid-day trading on Friday, hitting $0.10. The company’s stock had a trading volume of 20,598 shares, compared to its average volume of 18,191. The company’s 50-day moving average is $0.11 and its 200-day moving average is $0.15. AEye has a 52-week low of $0.03 and a 52-week high of $0.58.

About AEye

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.