AEye, Inc. (NASDAQ:LIDRW – Get Free Report) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 736 shares, a drop of 80.6% from the May 14th total of 3,787 shares. Based on an average daily trading volume, of 7,983 shares, the short-interest ratio is presently 0.1 days.
AEye Stock Performance
Shares of LIDRW traded down $0.00 during trading hours on Wednesday, hitting $0.03. The stock had a trading volume of 3,318 shares, compared to its average volume of 29,788. The firm has a 50 day simple moving average of $0.04 and a 200-day simple moving average of $0.07. AEye has a 1-year low of $0.02 and a 1-year high of $0.58.
About AEye
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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