Short Interest in Aware, Inc. (NASDAQ:AWRE) Drops By 14.6%

Aware, Inc. (NASDAQ:AWRE) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 40,400 shares, a decline of 14.6% from the October 15th total of 47,300 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 53,000 shares, the short-interest ratio is currently 0.8 days.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Aware in a research report on Wednesday. They issued a “buy” rating for the company.

Aware Stock Performance

NASDAQ:AWRE opened at $1.44 on Friday. The company has a market capitalization of $30.53 million, a price-to-earnings ratio of -4.00 and a beta of 0.82. The company has a 50-day moving average of $1.88 and a 200-day moving average of $1.98. Aware has a 52 week low of $1.42 and a 52 week high of $2.97.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Corsair Capital Management L.P. bought a new position in shares of Aware in the third quarter valued at approximately $146,000. Geode Capital Management LLC raised its holdings in shares of Aware by 28.9% in the third quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock valued at $316,000 after buying an additional 37,828 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in Aware by 3.7% during the 2nd quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock worth $1,414,000 after buying an additional 25,800 shares in the last quarter. Institutional investors own 24.39% of the company’s stock.

Aware Company Profile

Aware, Inc, an authentication company, provides biometrics software products and solutions for government agencies and commercial entities in the United States, the United Kingdom, and internationally. The company offers biometric software solution, including Knomi, a mobile biometric framework which provides multiple biometric modality options; AwareABIS, an automated biometric identification system used for large-scale biometric identification and deduplication; AFIX suite used for small-scale law enforcement focused biometric identification; and AFIX Tracker for fingerprint, palmprint, and latent print identification, as well as AFIX Face, AFIX Verifier, AFIX Identifier, AFIX Comparator, AFIX Engine, and AFIX NIST Transaction Engine.