Aware, Inc. (NASDAQ:AWRE) Short Interest Up 8.0% in November

Aware, Inc. (NASDAQ:AWRE) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 41,800 shares, a growth of 8.0% from the November 15th total of 38,700 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 49,200 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Aware

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Corsair Capital Management L.P. acquired a new stake in Aware in the 3rd quarter worth $146,000. Geode Capital Management LLC boosted its position in shares of Aware by 28.9% during the 3rd quarter. Geode Capital Management LLC now owns 168,740 shares of the software maker’s stock valued at $316,000 after acquiring an additional 37,828 shares in the last quarter. Finally, Renaissance Technologies LLC raised its position in Aware by 3.7% in the second quarter. Renaissance Technologies LLC now owns 717,773 shares of the software maker’s stock worth $1,414,000 after purchasing an additional 25,800 shares in the last quarter. Institutional investors and hedge funds own 24.39% of the company’s stock.

Aware Stock Up 1.4 %

Shares of NASDAQ:AWRE traded up $0.02 on Tuesday, reaching $1.48. The company had a trading volume of 8,698 shares, compared to its average volume of 50,494. The stock has a 50-day moving average price of $1.70 and a 200 day moving average price of $1.92. Aware has a twelve month low of $1.35 and a twelve month high of $2.97. The stock has a market capitalization of $31.38 million, a P/E ratio of -4.06 and a beta of 0.77.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Aware in a report on Sunday. They set a “buy” rating on the stock.

Aware Company Profile

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.