Short Interest Alert: Is Buying AUDIOEYE INCORPORATED (OTCMKTS:AEYE) Here Good Idea?

November 23, 2016 - By Clifton Ray   ·   0 Comments

Short Interest Alert: Is Buying AUDIOEYE INCORPORATED (OTCMKTS:AEYE) Here Good Idea?

The stock of AUDIOEYE INCORPORATED (OTCMKTS:AEYE) registered an increase of 230.19% in short interest. AEYE’s total short interest was 17,500 shares in November as published by FINRA. Its up 230.19% from 5,300 shares, reported previously. With 58,800 shares average volume, it will take short sellers 0 days to cover their AEYE’s short positions. The stock last traded at $0.12 per share. It is down 36.84% since April 21, 2016 and is downtrending. It has underperformed by 42.17% the S&P500.

AudioEye, Inc. is a marketplace providing Web accessibility solutions for its clients’ clients through its Ally Platform Products. The company has a market cap of $12.90 million. The Firm generates revenues through the sale of subscriptions of its software as a service (SaaS) technology platform, called the AudioEye Ally Platform, to Website owners, publishers, developers and operators, and through the delivery of managed services combined with the implementation of the AudioEye solution. It currently has negative earnings. The Company’s clients span disparate industries and target market verticals, which encompass (but are not limited to) the human resources, finance, transportation, media and education.

AEYE Company Profile

AudioEye, Inc. (AudioEye), incorporated on May 20, 2005, is a marketplace providing Web accessibility solutions for its clients’ clients through its Ally Platform Products. The Firm generates revenues through the sale of subscriptions of its software as a service (SaaS) technology platform, AudioEye Ally Platform, to Website owners, publishers, developers and operators, and through the delivery of managed services combined with the implementation of the AudioEye solution. The Company’s clients span disparate industries and target market verticals, which encompass (but are not limited to) the human resources, finance, transportation, media and education. Government agencies have also integrated its software in their digital platforms. The Company’s compliance solutions focus on remediation of the accessibility issues, followed by analysis identifying and addressing compliance program. By deploying AudioEye remediation technology to fix common and high-impact issues, the Company is able to manage the usability of its client sites on the first day that they implement its solution into their site. Over a period, that it believes averages approximately 90 days, with actual time dependent on the complexity of the client’s Website and other client-specific factors, its Developer Tools allow AudioEye engineers to run an analysis to fully understand and manually fix issues. For organizations that do not want a managed SaaS solution and prefer to achieve WCAG 2.0 Level AA compliance on their own, its cloud Developer Portal provides them with a single-source solution for tracking and maintaining a compliance audit of their Web environments. The Company’s customer base includes a range of private and public sector customers, including corporate enterprise; federal, state and local governments and agencies, and not-for-profit organizations.

More notable recent Audioeye Inc (OTCMKTS:AEYE) news were published by: Businesswire.com which released: “Kasasa® Partners with AudioEye, Inc. to Provide Accessibility & Web …” on June 06, 2016, also Streetinsider.com with their article: “Form 8-K AUDIOEYE INC For: Nov 15” published on November 15, 2016, Prnewswire.com published: “AudioEye Collaborates with ADP in a Commitment to Accessible Technology” on October 10, 2016. More interesting news about Audioeye Inc (OTCMKTS:AEYE) were released by: Prnewswire.com and their article: “AudioEye Announces Partnership With Kasasa To Provide Accessibility for …” published on May 24, 2016 as well as Marketwired.com‘s news article titled: “AudioEye, Inc. Appoints Paul Arena as Executive Chairman” with publication date: January 30, 2014.

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By Clifton Ray


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