Aware, Inc. (NASDAQ:AWRE) Shares Shorted: Short Interest Down 43.8% in September

Aware, Inc. (NASDAQ:AWRE) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 56,262 shares, a decrease of 43.8% from the September 15th total of 100,198 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 24,343 shares, the days-to-cover ratio is presently 2.3 days.

Institutional Trading of Aware

An institutional investor recently raised its position in Aware stock. Renaissance Technologies LLC increased its holdings in Aware, Inc. (NASDAQ:AWRE) by 1.6% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 655,712 shares of the software maker’s stock after purchasing an additional 10,139 shares during the period. Renaissance Technologies LLC owned approximately 3.03% of Aware worth $820,000 as of its most recent SEC filing. 24.39% of the stock is owned by hedge funds and other institutional investors.

Aware Stock Down 3.4%

AWRE traded down $0.03 on Thursday, hitting $0.89. The company’s stock had a trading volume of 25,256 shares, compared to its average volume of 40,805. The firm has a market cap of $19.36 million, a P/E ratio of -2.22 and a beta of 1.04. The company’s 50 day simple moving average is $1.18 and its 200-day simple moving average is $1.26. Aware has a 12 month low of $0.86 and a 12 month high of $2.57.

Aware (NASDAQ:AWRE) last posted its quarterly earnings results on Wednesday, July 29th. The software maker reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.02). The company had revenue of $3.25 million during the quarter, compared to the consensus estimate of $3.70 million. Aware had a negative return on equity of 35.21% and a negative net margin of 51.92%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a report on Friday, July 17th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

About Aware

Aware, Inc is a biometric software and technology company that develops solutions for identity management, authentication and biometric data processing. Its products support the enrollment, storage, comparison and verification of biometric information, including fingerprints, facial images, irises and other biometric modalities.

The company’s offerings are designed for government agencies, law enforcement, border management, defense organizations and commercial enterprises. Aware provides biometric platforms, identity-management software, application programming interfaces and related tools that can be used to build systems for applicant screening, identity verification, credentialing and secure access.

Aware was founded in 1986 and is headquartered in Bedford, Massachusetts.