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

Aware, Inc. (NASDAQ:AWRE) saw a significant growth in short interest in April. As of April 15th, there was short interest totaling 33,082 shares, a growth of 12.4% from the March 31st total of 29,421 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 18,089 shares, the days-to-cover ratio is currently 1.8 days.

Aware Price Performance

Shares of AWRE opened at $1.16 on Friday. The company has a market capitalization of $25.06 million, a P/E ratio of -3.22 and a beta of 0.99. Aware has a one year low of $1.07 and a one year high of $2.95. The business’s 50 day simple moving average is $1.37 and its 200-day simple moving average is $1.83.

Aware (NASDAQ:AWRE) last announced its earnings results on Wednesday, April 29th. The software maker reported ($0.16) EPS for the quarter. The business had revenue of $3.39 million during the quarter. Aware had a negative return on equity of 28.50% and a negative net margin of 45.31%.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Aware presently has an average rating of “Sell”.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. XTX Topco Ltd bought a new position in Aware in the 4th quarter worth approximately $30,000. Pekin Hardy Strauss Inc. bought a new position in Aware in the 3rd quarter worth approximately $42,000. Goldman Sachs Group Inc. raised its position in Aware by 71.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after purchasing an additional 14,436 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in Aware in the 3rd quarter worth approximately $193,000. Finally, CIBC Private Wealth Group LLC raised its position in Aware by 14.3% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock worth $193,000 after purchasing an additional 10,000 shares during the last quarter. Institutional investors and hedge funds own 24.39% of the company’s stock.

Aware Company Profile

Aware, Inc is a technology company specializing in biometric software and image processing solutions. Its core offerings include fingerprint, face and iris recognition algorithms, biometric template management, and mobile enrolment tools designed to capture and verify identities in secure environments. The company’s software development kits (SDKs) and web services APIs enable system integrators, device manufacturers and application developers to embed biometric and forensic capabilities into their products and services.

Founded in 1986 and headquartered in Bedford, Massachusetts, Aware evolved from an imaging technology provider into a leading vendor of biometric software.