AEye, Inc. (NASDAQ:LIDR) Sees Large Increase in Short Interest

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

AEye Stock Down 32.6 %

Shares of LIDR traded down $0.63 on Monday, reaching $1.30. The stock had a trading volume of 3,711,348 shares, compared to its average volume of 13,880,005. The firm has a market capitalization of $11.87 million, a price-to-earnings ratio of -0.16 and a beta of 2.84. The company has a 50-day simple moving average of $1.29 and a 200-day simple moving average of $1.31. AEye has a 12-month low of $0.78 and a 12-month high of $5.15. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.24 and a current ratio of 2.26.

AEye (NASDAQ:LIDR) last announced its earnings results on Tuesday, November 12th. The company reported ($0.70) EPS for the quarter, beating analysts’ consensus estimates of ($0.89) by $0.19. The firm had revenue of $0.10 million for 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.