AEye, Inc. (NASDAQ:LIDR) Sees Significant Growth in Short Interest

AEye, Inc. (NASDAQ:LIDR) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,170,000 shares, an increase of 361.5% from the December 31st total of 253,500 shares. Based on an average trading volume of 2,320,000 shares, the days-to-cover ratio is currently 0.5 days. Approximately 9.4% of the company’s shares are sold short.

AEye Trading Up 2.4 %

LIDR stock traded up $0.02 during trading on Tuesday, hitting $0.98. The company had a trading volume of 691,917 shares, compared to its average volume of 7,568,446. The stock has a market cap of $8.94 million, a PE ratio of -0.12 and a beta of 2.84. The business has a 50-day moving average of $1.30 and a 200-day moving average of $1.26. The company has a current ratio of 2.26, a quick ratio of 2.24 and a debt-to-equity ratio of 0.01. AEye has a one year low of $0.78 and a one year high of $5.15.

AEye (NASDAQ:LIDR) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.70) EPS for the quarter, beating analysts’ consensus estimates of ($0.89) by $0.19. AEye had a negative net margin of 24,308.44% and a negative return on equity of 158.98%. The business had revenue of $0.10 million for the quarter.

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.