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

Aware, Inc. (NASDAQ:AWRE) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 38,300 shares, a decrease of 8.4% from the November 30th total of 41,800 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 51,500 shares, the days-to-cover ratio is currently 0.7 days.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on Aware in a research note on Tuesday. They set a “buy” rating for the company.

Aware Price Performance

NASDAQ:AWRE traded up $0.34 during trading hours on Wednesday, reaching $1.95. The company had a trading volume of 423,402 shares, compared to its average volume of 53,107. Aware has a 1-year low of $1.35 and a 1-year high of $2.97. The business’s 50 day moving average price is $1.61 and its 200-day moving average price is $1.90. The firm has a market cap of $41.35 million, a PE ratio of -5.42 and a beta of 0.77.

Hedge Funds Weigh In On Aware

Institutional investors have recently made changes to their positions in the company. Corsair Capital Management L.P. purchased a new stake in Aware during the third quarter worth $146,000. Geode Capital Management LLC raised its position in shares of Aware by 28.9% in the third quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock worth $316,000 after acquiring an additional 37,828 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in shares of Aware by 3.7% during the 2nd quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock worth $1,414,000 after acquiring an additional 25,800 shares in the last quarter. 24.39% of the stock is owned by hedge funds and other institutional investors.

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.