Aware, Inc. (NASDAQ:AWRE) Sees Significant Decline in Short Interest

Aware, Inc. (NASDAQ:AWRE) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 44,500 shares, a drop of 28.7% from the January 15th total of 62,400 shares. Based on an average trading volume of 64,100 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.4% of the shares of the stock are short sold.

Hedge Funds Weigh In On Aware

An institutional investor recently raised its position in Aware stock. Geode Capital Management LLC raised its stake in Aware, Inc. (NASDAQ:AWRE) by 28.9% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 168,740 shares of the software maker’s stock after purchasing an additional 37,828 shares during the period. Geode Capital Management LLC owned 0.80% of Aware worth $316,000 as of its most recent SEC filing. 24.39% of the stock is owned by institutional investors and hedge funds.

Aware Stock Down 3.2 %

NASDAQ:AWRE traded down $0.05 during mid-day trading on Friday, reaching $1.61. The company’s stock had a trading volume of 36,473 shares, compared to its average volume of 38,169. The company’s fifty day simple moving average is $1.62 and its two-hundred day simple moving average is $1.83. Aware has a twelve month low of $1.35 and a twelve month high of $2.97.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on Aware in a research note on Sunday, February 9th. They issued a “buy” rating for the company.

Aware Company Profile

Aware, Inc, an authentication company, provides biometrics software products and solutions for government agencies and commercial entities in the United States, the United Kingdom, and internationally. The company offers biometric software solution, including Knomi, a mobile biometric framework which provides multiple biometric modality options; AwareABIS, an automated biometric identification system used for large-scale biometric identification and deduplication; AFIX suite used for small-scale law enforcement focused biometric identification; and AFIX Tracker for fingerprint, palmprint, and latent print identification, as well as AFIX Face, AFIX Verifier, AFIX Identifier, AFIX Comparator, AFIX Engine, and AFIX NIST Transaction Engine.