Short Interest in AEye, Inc. (NASDAQ:LIDRW) Declines By 34.9%

AEye, Inc. (NASDAQ:LIDRW) was the recipient of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 8,797 shares, a decrease of 34.9% from the January 15th total of 13,504 shares. Based on an average daily trading volume, of 20,214 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 20,214 shares, the days-to-cover ratio is currently 0.4 days.

AEye Price Performance

AEye stock opened at $0.07 on Friday. AEye has a fifty-two week low of $0.03 and a fifty-two week high of $0.58. The stock has a fifty day moving average of $0.10 and a two-hundred day moving average of $0.15.

About AEye

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.