Short Interest in Aware, Inc. (NASDAQ:AWRE) Declines By 41.4%

Aware, Inc. (NASDAQ:AWRE) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 28,973 shares, a decrease of 41.4% from the December 15th total of 49,402 shares. Based on an average daily volume of 33,746 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 33,746 shares, the days-to-cover ratio is presently 0.9 days.

Aware Price Performance

Shares of NASDAQ AWRE opened at $1.85 on Friday. The firm has a fifty day moving average price of $2.09 and a 200-day moving average price of $2.27. The stock has a market cap of $39.53 million, a PE ratio of -6.85 and a beta of 0.81. Aware has a 1 year low of $1.37 and a 1 year high of $2.95.

Aware (NASDAQ:AWRE) last released its earnings results on Wednesday, October 29th. The software maker reported ($0.05) earnings per share for the quarter. Aware had a negative net margin of 32.20% and a negative return on equity of 19.41%. The firm had revenue of $5.13 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

Insider Activity at Aware

In other Aware news, CEO Ajay K. Amlani acquired 13,227 shares of the stock in a transaction dated Monday, November 3rd. The shares were purchased at an average price of $2.23 per share, for a total transaction of $29,496.21. Following the purchase, the chief executive officer directly owned 835,779 shares of the company’s stock, valued at approximately $1,863,787.17. This trade represents a 1.61% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. 29.70% of the stock is owned by insiders.

Institutional Trading of Aware

Several institutional investors have recently made changes to their positions in the business. CIBC Private Wealth Group LLC raised its stake in Aware by 14.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock valued at $193,000 after purchasing an additional 10,000 shares during the period. Vanguard Group Inc. raised its position in shares of Aware by 1.6% during the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock valued at $2,026,000 after buying an additional 13,070 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Aware by 71.6% in the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after buying an additional 14,436 shares in the last quarter. Pekin Hardy Strauss Inc. purchased a new position in shares of Aware in the third quarter worth $42,000. Finally, Aristides Capital LLC boosted its position in shares of Aware by 55.5% during the second quarter. Aristides Capital LLC now owns 206,009 shares of the software maker’s stock worth $389,000 after acquiring an additional 73,500 shares during the last quarter. Hedge funds and other institutional investors own 24.39% of the company’s stock.

About Aware

Aware, Inc is a technology company specializing in biometric software and image processing solutions. Its core offerings include fingerprint, face and iris recognition algorithms, biometric template management, and mobile enrolment tools designed to capture and verify identities in secure environments. The company’s software development kits (SDKs) and web services APIs enable system integrators, device manufacturers and application developers to embed biometric and forensic capabilities into their products and services.

Founded in 1986 and headquartered in Bedford, Massachusetts, Aware evolved from an imaging technology provider into a leading vendor of biometric software.