AEye, Inc. (NASDAQ:LIDR – Get Free Report) saw a significant drop in short interest in July. As of July 15th, there was short interest totalling 129,400 shares, a drop of 18.6% from the June 30th total of 159,000 shares. Based on an average trading volume of 4,330,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 2.0% of the shares of the company are short sold.
AEye Trading Up 5.6 %
LIDR traded up $0.08 during trading on Friday, hitting $1.51. The company’s stock had a trading volume of 140,432 shares, compared to its average volume of 187,583. AEye has a twelve month low of $0.92 and a twelve month high of $24.00. The business’s fifty day simple moving average is $2.31 and its 200 day simple moving average is $1.72. The firm has a market capitalization of $10.01 million, a price-to-earnings ratio of -0.13 and a beta of 2.98.
AEye (NASDAQ:LIDR – Get Free Report) last issued its quarterly earnings data on Wednesday, May 15th. The company reported ($1.13) EPS for the quarter, beating the consensus estimate of ($1.40) by $0.27. AEye had a negative return on equity of 117.42% and a negative net margin of 8,382.08%. The company had revenue of $0.02 million for the quarter.
Insider Activity at AEye
Institutional Trading of AEye
An institutional investor recently bought a new position in AEye stock. Mirador Capital Partners LP purchased a new position in AEye, Inc. (NASDAQ:LIDR – Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 88,648 shares of the company’s stock, valued at approximately $111,000. Mirador Capital Partners LP owned about 1.36% of AEye at the end of the most recent reporting period. 21.58% of the stock is currently owned by institutional investors.
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, 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.
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