Aware, Inc. (NASDAQ:AWRE) Sees Significant Increase in Short Interest

Aware, Inc. (NASDAQ:AWRE) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 54,200 shares, a growth of 20.4% from the February 28th total of 45,000 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 56,900 shares, the days-to-cover ratio is currently 1.0 days.

Insider Transactions at Aware

In related news, CEO Ajay K. Amlani bought 28,950 shares of the company’s stock in a transaction on Friday, March 7th. The stock was acquired at an average cost of $1.50 per share, for a total transaction of $43,425.00. Following the completion of the transaction, the chief executive officer now directly owns 234,439 shares in the company, valued at $351,658.50. This trade represents a 14.09 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last 90 days, insiders acquired 54,713 shares of company stock valued at $83,558. 28.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Aware

A hedge fund recently raised its stake in Aware stock. Geode Capital Management LLC grew its stake in shares of Aware, Inc. (NASDAQ:AWRE) by 28.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 168,740 shares of the software maker’s stock after buying an additional 37,828 shares during the quarter. Geode Capital Management LLC owned 0.80% of Aware worth $316,000 at the end of the most recent quarter. 24.39% of the stock is owned by hedge funds and other institutional investors.

Aware Trading Up 0.6 %

Shares of Aware stock opened at $1.59 on Wednesday. The firm has a market capitalization of $33.71 million, a PE ratio of -4.42 and a beta of 0.66. Aware has a 12 month low of $1.35 and a 12 month high of $2.97. The business’s 50-day moving average price is $1.61 and its 200-day moving average price is $1.68.

Aware (NASDAQ:AWRE) last issued its quarterly earnings results on Wednesday, March 5th. The software maker reported ($0.06) EPS for the quarter. The business had revenue of $4.80 million for the quarter. Aware had a negative net margin of 44.06% and a negative return on equity of 14.46%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Aware in a research report on Saturday. They issued a “buy” rating for the company.

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.