A Reversal for Audioeye Inc (NASDAQ:AEYE) Is Near. The Stock Has Decrease in Shorts

AudioEye, Inc. (NASDAQ:AEYE) Logo

The stock of Audioeye Inc (NASDAQ:AEYE) registered a decrease of 1.35% in short interest. AEYE’s total short interest was 109,800 shares in August as published by FINRA. Its down 1.35% from 111,300 shares, reported previously. With 33,700 shares average volume, it will take short sellers 3 days to cover their AEYE’s short positions. The short interest to Audioeye Inc’s float is 4.16%.

The stock decreased 3.38% or $0.21 during the last trading session, reaching $6.01. About 14,529 shares traded. AudioEye, Inc. (NASDAQ:AEYE) has 0.00% since August 9, 2018 and is . It has by 0.00% the S&P500.

AudioEye, Inc. provides Web accessibility solutions to Internet, print, broadcast, and other media to people regardless of their network connection, device, location, or disabilities in the United States. The company has market cap of $48.59 million. The firm develops patented Internet content publication and distribution software that enables conversion of media into accessible formats, as well as allows for real time distribution on various Internet connected devices. It currently has negative earnings. It provides AudioEye Ally Platform, which consists of Digital Accessibility Platform and Ally Managed Service that are offered as an Internet cloud software as a service to Website owners, publishers, developers, and operators.

More notable recent AudioEye, Inc. (NASDAQ:AEYE) news were published by: Prnewswire.com which released: “AudioEye Appoints Sach Barot as Chief Financial Officer – PRNewswire” on May 13, 2019, also Prnewswire.com with their article: “AudioEye Sets First Quarter 2019 Earnings Call for Tuesday, May 14, 2019 at 4:30 pm ET – PRNewswire” published on April 30, 2019, Nasdaq.com published: “Audioeye, Inc. (AEYE) Stock Sinks As Market Gains: What You Should Know – Nasdaq” on January 30, 2019. More interesting news about AudioEye, Inc. (NASDAQ:AEYE) were released by: Seekingalpha.com and their article: “AudioEye’s (AEYE) CEO Todd Bankofier on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on October 25, 2018 as well as Nasdaq.com‘s news article titled: “Audioeye, Inc. (AEYE) Upgraded to Buy: Here’s Why – Nasdaq” with publication date: April 02, 2019.

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