Short Interest in AEye, Inc. (NASDAQ:LIDRW) Rises By 147.5%

AEye, Inc. (NASDAQ:LIDRWGet Free Report) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,022 shares, an increase of 147.5% from the June 15th total of 413 shares. Based on an average trading volume of 28,594 shares, the days-to-cover ratio is currently 0.0 days.

AEye Stock Performance

AEye stock traded up $0.00 during mid-day trading on Tuesday, hitting $0.01. The company had a trading volume of 9,058 shares, compared to its average volume of 29,720. AEye has a 1 year low of $0.01 and a 1 year high of $0.58. The business has a fifty day moving average of $0.03 and a 200 day moving average of $0.05.

AEye Company Profile

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AEye, Inc is an artificial perception company specializing in advanced LiDAR-based vision systems designed to enhance the safety and autonomy of vehicles and machines. Through the integration of hardware, software and machine learning algorithms, the company delivers real-time detection, classification and ranging capabilities. Its offerings address the growing demand for reliable sensing solutions in applications such as autonomous driving, advanced driver-assist systems (ADAS), robotics, mapping and industrial automation.

The company’s flagship platform, 4Sight, combines adaptive LiDAR sensors with a software-defined sensing architecture to provide customizable field-of-view, range and resolution.

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