Audioeye, Inc. (NASDAQ:AEYE) Short Interest Update

Audioeye, Inc. (NASDAQ:AEYE) was the recipient of a significant drop in short interest during the month of 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. Based on an average trading volume of 238,707 shares, the short-interest ratio is currently 1.3 days. Currently, 3.4% of the shares of the company are sold short.

Hedge Funds Weigh In On Audioeye

Several hedge funds and other institutional investors have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Audioeye by 19.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,904 shares of the company’s stock valued at $54,000 after acquiring an additional 806 shares during the period. Abel Hall LLC bought a new position in shares of Audioeye in the first quarter worth $75,000. Wells Fargo & Company MN grew its stake in shares of Audioeye by 64.6% in the fourth quarter. Wells Fargo & Company MN now owns 9,762 shares of the company’s stock worth $98,000 after purchasing an additional 3,832 shares in the last quarter. Quadrature Capital Ltd bought a new position in shares of Audioeye in the fourth quarter worth $105,000. Finally, Renaissance Technologies LLC acquired a new position in shares of Audioeye during the fourth quarter valued at $107,000. 51.11% of the stock is currently owned by institutional investors and hedge funds.

Audioeye Stock Performance

Shares of Audioeye stock traded down $0.24 during trading on Friday, hitting $6.61. 75,923 shares of the stock were exchanged, compared to its average volume of 167,712. The company has a debt-to-equity ratio of 4.96, a quick ratio of 1.03 and a current ratio of 1.03. Audioeye has a 12 month low of $5.31 and a 12 month high of $16.39. The stock’s fifty day moving average is $6.91 and its 200 day moving average is $7.32. The stock has a market cap of $82.56 million, a PE ratio of -22.79 and a beta of 0.82.

Audioeye (NASDAQ:AEYE) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.18 earnings per share 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 firm 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. As a group, sell-side analysts anticipate that Audioeye will post 0.47 EPS for the current year.

Analyst Ratings Changes

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

About Audioeye

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.