AEye, Inc. (NASDAQ:LIDRW – Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,787 shares, an increase of 463.5% from the April 30th total of 672 shares. Based on an average trading volume of 29,682 shares, the days-to-cover ratio is currently 0.1 days.
AEye Trading Up 0.8%
NASDAQ:LIDRW traded up $0.00 during trading hours on Friday, reaching $0.04. 12,160 shares of the stock were exchanged, compared to its average volume of 30,462. AEye has a twelve month low of $0.02 and a twelve month high of $0.58. The firm has a 50 day moving average of $0.04 and a 200 day moving average of $0.07.
About AEye
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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