Short Interest in Audioeye, Inc. (NASDAQ:AEYE) Drops By 40.0%

Audioeye, Inc. (NASDAQ:AEYE) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 317,618 shares, a drop of 40.0% from the June 15th total of 529,372 shares. Approximately 3.4% of the company’s stock are sold short. Based on an average daily volume of 238,707 shares, the days-to-cover ratio is presently 1.3 days.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Weiss Ratings reissued a “sell (e+)” rating on shares of Audioeye in a report on Tuesday, May 12th. B. Riley Financial upgraded shares of Audioeye to a “hold” rating in a report on Thursday, April 2nd. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $14.62.

Institutional Investors Weigh In On Audioeye

Several hedge funds have recently added to or reduced their stakes in AEYE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Audioeye by 19.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the company’s stock valued at $54,000 after purchasing an additional 806 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Audioeye by 64.6% during the 4th quarter. Wells Fargo & Company MN now owns 9,762 shares of the company’s stock worth $98,000 after buying an additional 3,832 shares during the last quarter. Rhumbline Advisers lifted its stake in shares of Audioeye by 14.5% during the 1st quarter. Rhumbline Advisers now owns 10,360 shares of the company’s stock worth $115,000 after buying an additional 1,313 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of Audioeye during the 4th quarter worth about $105,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Audioeye during the 4th quarter worth about $107,000. Institutional investors and hedge funds own 51.11% of the company’s stock.

Audioeye Stock Performance

Audioeye stock traded down $0.09 during midday trading on Friday, reaching $6.76. 10,547 shares of the company’s stock were exchanged, compared to its average volume of 165,720. Audioeye has a 52 week low of $5.31 and a 52 week high of $16.39. The company has a debt-to-equity ratio of 4.96, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $84.42 million, a price-to-earnings ratio of -23.31 and a beta of 0.82. The stock’s 50-day simple moving average is $6.94 and its 200 day simple moving average is $7.32.

Audioeye (NASDAQ:AEYE) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.01). Audioeye had a negative net margin of 9.05% and a positive return on equity of 71.24%. The business had revenue of $10.55 million during the quarter, compared to the consensus estimate of $10.56 million. Audioeye has set its FY 2026 guidance at 0.960- EPS and its Q2 2026 guidance at 0.210-0.220 EPS. On average, analysts expect that Audioeye will post 0.47 earnings per share for the current fiscal year.

Audioeye Company Profile

AudioEye, Inc is a provider of digital accessibility solutions, offering software and services designed to help organizations ensure their online properties comply with Web Content Accessibility Guidelines (WCAG), the Americans with Disabilities Act (ADA) and other global accessibility standards. Through its cloud-based platform, the company automates the detection and remediation of accessibility barriers in websites, mobile applications and multimedia content.

The company’s flagship AEYE Platform leverages machine learning, artificial intelligence and human validation to continuously scan digital assets, identify potential compliance issues and deploy corrective overlays or code adjustments.