AEye, Inc. (NASDAQ:LIDRW) Sees Large Decline in Short Interest

AEye, Inc. (NASDAQ:LIDRW) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 34,800 shares, a drop of 51.6% from the October 31st total of 71,900 shares. Based on an average daily trading volume, of 38,300 shares, the days-to-cover ratio is currently 0.9 days.

AEye Price Performance

LIDRW stock opened at $0.01 on Thursday. AEye has a 12 month low of $0.00 and a 12 month high of $0.03. The firm has a 50 day simple moving average of $0.01 and a 200 day simple moving average of $0.01.

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.