Aware, Inc. (NASDAQ:AWRE) Sees Significant Increase in Short Interest

Aware, Inc. (NASDAQ:AWRE) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 47,300 shares, an increase of 10.3% from the September 30th total of 42,900 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily trading volume, of 57,300 shares, the short-interest ratio is currently 0.8 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Aware in a research report on Tuesday, September 24th. They set a “buy” rating on the stock.

Hedge Funds Weigh In On Aware

A hedge fund recently raised its stake in Aware stock. Thompson Davis & CO. Inc. grew its position in shares of Aware, Inc. (NASDAQ:AWRE) by 43.8% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,667 shares of the software maker’s stock after purchasing an additional 41,001 shares during the period. Thompson Davis & CO. Inc. owned approximately 0.64% of Aware worth $252,000 as of its most recent SEC filing. 24.39% of the stock is currently owned by hedge funds and other institutional investors.

Aware Stock Performance

Shares of Aware stock traded down $0.39 during trading hours on Thursday, hitting $1.68. The company’s stock had a trading volume of 338,827 shares, compared to its average volume of 49,942. The stock has a market cap of $35.42 million, a price-to-earnings ratio of -5.18 and a beta of 0.80. Aware has a twelve month low of $1.05 and a twelve month high of $2.97. The firm has a fifty day moving average of $2.04 and a 200-day moving average of $1.99.

Aware (NASDAQ:AWRE) last posted its earnings results on Thursday, August 8th. The software maker reported ($0.05) EPS for the quarter. Aware had a negative net margin of 26.49% and a negative return on equity of 9.01%. The company had revenue of $4.32 million during the quarter.

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.