AEye, Inc. (NASDAQ:LIDRW) Sees Significant Drop in Short Interest

AEye, Inc. (NASDAQ:LIDRW) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 4,600 shares, a decline of 86.8% from the November 15th total of 34,800 shares. Based on an average daily volume of 40,400 shares, the short-interest ratio is presently 0.1 days.

AEye Stock Up 44.6 %

LIDRW stock traded up $0.01 during midday trading on Wednesday, hitting $0.02. 449,053 shares of the stock traded hands, compared to its average volume of 75,816. The stock’s fifty day simple moving average is $0.01 and its 200-day simple moving average is $0.01. AEye has a 1-year low of $0.00 and a 1-year high of $0.03.

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.