AEye, Inc. (NASDAQ:LIDR) Short Interest Up 361.5% in January

AEye, Inc. (NASDAQ:LIDR) saw a large increase in short interest in January. As of January 15th, there was short interest totalling 1,170,000 shares, an increase of 361.5% from the December 31st total of 253,500 shares. Approximately 9.4% of the shares of the stock are sold short. Based on an average daily volume of 2,320,000 shares, the days-to-cover ratio is currently 0.5 days.

AEye Price Performance

Shares of NASDAQ LIDR traded up $0.02 during mid-day trading on Tuesday, reaching $0.98. The company had a trading volume of 691,917 shares, compared to its average volume of 7,568,446. AEye has a one year low of $0.78 and a one year high of $5.15. The business’s 50-day simple moving average is $1.30 and its 200 day simple moving average is $1.26. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.24 and a current ratio of 2.26. The firm has a market cap of $8.94 million, a price-to-earnings ratio of -0.12 and a beta of 2.84.

AEye (NASDAQ:LIDR) last issued its earnings results on Tuesday, November 12th. The company reported ($0.70) EPS for the quarter, beating the consensus estimate of ($0.89) by $0.19. The company had revenue of $0.10 million during the quarter. AEye had a negative net margin of 24,308.44% and a negative return on equity of 158.98%.

About AEye

AEye, Inc, together with its subsidiaries, provides lidar systems for vehicle autonomy, advanced driver-assistance systems, and robotic vision applications in the United States, Europe, and Asia-Pacific. It offers 4Sight intelligent sensing lidar platform, including 4Sight at Design, Triggered 4Sight, Responsive 4Sight, and Predictive 4Sight; and 4Sight for automotive and industrial market.