Short Interest in AEye, Inc. (NASDAQ:LIDRW) Expands By 297.9%

AEye, Inc. (NASDAQ:LIDRW) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totaling 374 shares, a growth of 297.9% from the March 15th total of 94 shares. Based on an average daily trading volume, of 81,809 shares, the days-to-cover ratio is presently 0.0 days.

AEye Price Performance

NASDAQ:LIDRW opened at $0.03 on Monday. The stock’s 50-day simple moving average is $0.06 and its 200 day simple moving average is $0.11. AEye has a twelve month low of $0.02 and a twelve month high of $0.58.

AEye Company Profile

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.