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

AEye, Inc. (NASDAQ:LIDRW) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 94 shares, a decrease of 97.4% from the February 26th total of 3,560 shares. Based on an average daily trading volume, of 13,166 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 13,166 shares, the short-interest ratio is presently 0.0 days.

AEye Stock Down 15.0%

NASDAQ LIDRW traded down $0.01 during mid-day trading on Tuesday, reaching $0.05. 64,356 shares of the stock were exchanged, compared to its average volume of 30,057. AEye has a 1-year low of $0.03 and a 1-year high of $0.58. The business’s fifty day simple moving average is $0.07 and its 200 day simple moving average is $0.12.

AEye Company Profile

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.