AEye, Inc. (NASDAQ:LIDRW) Short Interest Update

AEye, Inc. (NASDAQ:LIDRWGet Free Report) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 672 shares, a drop of 64.5% from the April 15th total of 1,895 shares. Based on an average trading volume of 50,315 shares, the days-to-cover ratio is currently 0.0 days.

AEye Stock Up 3.1%

Shares of LIDRW traded up $0.00 during midday trading on Friday, reaching $0.03. The company had a trading volume of 10,750 shares, compared to its average volume of 32,666. AEye has a 1-year low of $0.02 and a 1-year high of $0.58. The firm has a 50 day simple moving average of $0.04 and a 200-day simple moving average of $0.08.

AEye Company Profile

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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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