Short Interest in Aware, Inc. (NASDAQ:AWRE) Grows By 20.4%

Aware, Inc. (NASDAQ:AWRE) saw a large increase in short interest in January. As of January 30th, there was short interest totaling 37,602 shares, an increase of 20.4% from the January 15th total of 31,235 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 18,604 shares, the short-interest ratio is currently 2.0 days. Based on an average daily trading volume, of 18,604 shares, the short-interest ratio is currently 2.0 days. Approximately 0.2% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Aware in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Aware Stock Up 0.6%

Shares of NASDAQ:AWRE opened at $1.73 on Tuesday. The stock has a market capitalization of $36.97 million, a PE ratio of -6.41 and a beta of 0.84. The firm’s 50 day moving average price is $1.92 and its 200-day moving average price is $2.22. Aware has a twelve month low of $1.37 and a twelve month high of $2.95.

Institutional Investors Weigh In On Aware

Hedge funds have recently modified their holdings of the business. CIBC Bancorp USA Inc. purchased a new stake in shares of Aware in the 3rd quarter worth $193,000. Aristides Capital LLC grew its holdings in Aware by 55.5% during the second quarter. Aristides Capital LLC now owns 206,009 shares of the software maker’s stock valued at $389,000 after purchasing an additional 73,500 shares during the period. Pekin Hardy Strauss Inc. purchased a new stake in Aware in the third quarter worth about $42,000. Goldman Sachs Group Inc. increased its position in Aware by 71.6% in the first quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after buying an additional 14,436 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Aware by 1.6% in the third quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock worth $2,026,000 after buying an additional 13,070 shares during the period. Institutional investors own 24.39% of the company’s stock.

Aware Company Profile

Aware, Inc is a technology company specializing in biometric software and image processing solutions. Its core offerings include fingerprint, face and iris recognition algorithms, biometric template management, and mobile enrolment tools designed to capture and verify identities in secure environments. The company’s software development kits (SDKs) and web services APIs enable system integrators, device manufacturers and application developers to embed biometric and forensic capabilities into their products and services.

Founded in 1986 and headquartered in Bedford, Massachusetts, Aware evolved from an imaging technology provider into a leading vendor of biometric software.