AEye, Inc. (NASDAQ:LIDRW) Short Interest Up 626.6% in July

AEye, Inc. (NASDAQ:LIDRW) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 7,440 shares, a growth of 626.6% from the July 15th total of 1,024 shares. Based on an average daily volume of 102,185 shares, the days-to-cover ratio is presently 0.1 days.

AEye Trading Down 27.2%

Shares of LIDRW traded down $0.00 during midday trading on Wednesday, reaching $0.00. 7,305 shares of the company were exchanged, compared to its average volume of 45,277. AEye has a 1-year low of $0.00 and a 1-year high of $0.34. The stock has a 50-day moving average price of $0.02 and a 200-day moving average price of $0.04.

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.