AEye, Inc. (NASDAQ:LIDR) Short Interest Update

AEye, Inc. (NASDAQ:LIDR) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 129,400 shares, a drop of 18.6% from the June 30th total of 159,000 shares. Based on an average daily volume of 4,330,000 shares, the short-interest ratio is presently 0.0 days. Approximately 2.0% of the shares of the company are short sold.

Insider Buying and Selling at AEye

In other AEye news, Director Luis Dussan sold 105,076 shares of the stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $2.41, for a total transaction of $253,233.16. Following the transaction, the director now owns 384,713 shares in the company, valued at $927,158.33. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold a total of 164,880 shares of company stock worth $507,871 over the last 90 days. Insiders own 11.93% of the company’s stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AEye stock. Mirador Capital Partners LP bought a new position in AEye, Inc. (NASDAQ:LIDR) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 88,648 shares of the company’s stock, valued at approximately $111,000. Mirador Capital Partners LP owned 1.36% of AEye at the end of the most recent reporting period. Hedge funds and other institutional investors own 21.58% of the company’s stock.

AEye Stock Up 5.6 %

LIDR stock traded up $0.08 during midday trading on Friday, hitting $1.51. 140,432 shares of the company traded hands, compared to its average volume of 187,583. AEye has a twelve month low of $0.92 and a twelve month high of $24.00. The business has a 50 day simple moving average of $2.31 and a 200-day simple moving average of $1.72. The stock has a market capitalization of $10.01 million, a price-to-earnings ratio of -0.13 and a beta of 2.98.

AEye (NASDAQ:LIDR) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($1.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.40) by $0.27. The business had revenue of $0.02 million for the quarter. AEye had a negative net margin of 8,382.08% and a negative return on equity of 117.42%.

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.