AEye, Inc. (NASDAQ:LIDR) Sees Significant Decrease in Short Interest

AEye, Inc. (NASDAQ:LIDR) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 609,200 shares, a drop of 47.9% from the December 31st total of 1,170,000 shares. Based on an average daily volume of 2,840,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 4.0% of the shares of the company are short sold.

AEye Trading Down 1.9 %

Shares of NASDAQ LIDR traded down $0.02 during trading on Friday, hitting $0.92. The company had a trading volume of 1,412,760 shares, compared to its average volume of 6,504,054. The stock has a fifty day simple moving average of $1.30 and a two-hundred day simple moving average of $1.24. The company has a quick ratio of 2.24, a current ratio of 2.26 and a debt-to-equity ratio of 0.01. AEye has a fifty-two week low of $0.78 and a fifty-two week high of $5.15.

AEye (NASDAQ:LIDR) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.70) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.89) by $0.19. The business had revenue of $0.10 million for the quarter. AEye had a negative return on equity of 158.98% and a negative net margin of 24,308.44%.

About AEye

AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.