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

AEye, Inc. (NASDAQ:LIDRW) saw a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 30,100 shares, an increase of 71.0% from the March 15th total of 17,600 shares. Based on an average trading volume of 87,000 shares, the short-interest ratio is presently 0.3 days.

AEye Stock Down 10.7 %

Shares of NASDAQ:LIDRW opened at $0.05 on Friday. AEye has a 1-year low of $0.01 and a 1-year high of $0.24. The firm’s 50 day simple moving average is $0.06 and its two-hundred day simple moving average is $0.05.

About AEye

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.