AEye, Inc. (NASDAQ:LIDRW) Sees Large Growth in Short Interest

AEye, Inc. (NASDAQ:LIDRWGet Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 7,440 shares, an increase of 626.6% from the July 15th total of 1,024 shares. Based on an average daily volume of 102,185 shares, the days-to-cover ratio is currently 0.1 days.

AEye Stock Up 4.0%

LIDRW stock opened at $0.00 on Friday. The company has a 50-day simple moving average of $0.02 and a 200 day simple moving average of $0.04. AEye has a fifty-two week low of $0.00 and a fifty-two week high of $0.34.

About AEye

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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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