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

AEye, Inc. (NASDAQ:LIDR) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 228,900 shares, a decrease of 38.5% from the September 15th total of 372,200 shares. Currently, 3.1% of the company’s shares are short sold. Based on an average daily trading volume, of 202,800 shares, the days-to-cover ratio is currently 1.1 days.

AEye Stock Down 3.1 %

Shares of NASDAQ:LIDR opened at $1.24 on Monday. The company has a 50 day moving average price of $1.19 and a two-hundred day moving average price of $1.65. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.34 and a current ratio of 3.38. The company has a market capitalization of $8.22 million, a PE ratio of -0.11 and a beta of 2.96. AEye has a 52 week low of $0.92 and a 52 week high of $7.17.

AEye (NASDAQ:LIDR) last issued its quarterly earnings data on Monday, August 5th. The company reported ($1.16) EPS for the quarter. The business had revenue of $0.03 million for the quarter. AEye had a negative return on equity of 134.40% and a negative net margin of 20,400.00%.

Institutional Investors Weigh In On AEye

An institutional investor recently bought a new position in AEye stock. Mirador Capital Partners LP bought a new position in shares of AEye, Inc. (NASDAQ:LIDR) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 88,648 shares of the company’s stock, valued at approximately $111,000. Mirador Capital Partners LP owned approximately 1.36% of AEye as of its most recent filing with the Securities and Exchange Commission. 21.58% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Westpark Capital restated a “hold” rating on shares of AEye in a research report on Monday, August 5th.

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.