Aware, Inc. (NASDAQ:AWRE) Short Interest Down 14.6% in October

Aware, Inc. (NASDAQ:AWRE) was the target of a significant drop in short interest in October. As of October 31st, there was short interest totalling 40,400 shares, a drop of 14.6% from the October 15th total of 47,300 shares. Based on an average daily trading volume, of 53,000 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On Aware

Several large investors have recently modified their holdings of the stock. Corsair Capital Management L.P. purchased a new position in Aware in the 3rd quarter worth about $146,000. Geode Capital Management LLC raised its stake in Aware by 28.9% during the 3rd quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock valued at $316,000 after purchasing an additional 37,828 shares during the period. Finally, Renaissance Technologies LLC boosted its position in shares of Aware by 3.7% in the second quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock worth $1,414,000 after buying an additional 25,800 shares during the period. 24.39% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Aware in a research report on Wednesday, November 13th. They issued a “buy” rating on the stock.

Aware Price Performance

AWRE stock opened at $1.44 on Monday. The firm has a market cap of $30.53 million, a PE ratio of -4.00 and a beta of 0.82. Aware has a 12 month low of $1.42 and a 12 month high of $2.97. The firm has a 50 day simple moving average of $1.88 and a 200 day simple moving average of $1.98.

About Aware

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.