Short Interest in Aware, Inc. (NASDAQ:AWRE) Drops By 51.4%

Aware, Inc. (NASDAQ:AWRE) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 65,600 shares, a decline of 51.4% from the September 15th total of 134,900 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average trading volume of 44,300 shares, the days-to-cover ratio is presently 1.5 days. Based on an average trading volume of 44,300 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in AWRE. GMT Capital Corp acquired a new position in Aware during the 1st quarter valued at about $39,000. Goldman Sachs Group Inc. raised its position in shares of Aware by 71.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock valued at $55,000 after acquiring an additional 14,436 shares during the period. Finally, Aristides Capital LLC raised its position in shares of Aware by 55.5% in the 2nd quarter. Aristides Capital LLC now owns 206,009 shares of the software maker’s stock valued at $389,000 after acquiring an additional 73,500 shares during the period. 24.39% of the stock is currently owned by institutional investors and hedge funds.

Aware Trading Down 0.4%

Aware stock opened at $2.39 on Wednesday. Aware has a 1 year low of $1.35 and a 1 year high of $2.95. The company has a market cap of $50.93 million, a PE ratio of -8.54 and a beta of 0.89. The company’s 50-day moving average is $2.47 and its two-hundred day moving average is $2.05.

Aware (NASDAQ:AWRE) last released its earnings results on Wednesday, July 30th. The software maker reported ($0.08) earnings per share (EPS) for the quarter. Aware had a negative net margin of 35.46% and a negative return on equity of 19.04%. The business had revenue of $3.90 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Aware in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Aware has an average rating of “Sell”.

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.