Aeries Technology, Inc. (NASDAQ:AERT) Short Interest Update

Aeries Technology, Inc. (NASDAQ:AERT) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 60,200 shares, a decrease of 96.3% from the August 15th total of 1,620,000 shares. Based on an average daily trading volume, of 2,320,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.7% of the shares of the stock are sold short. Currently, 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,320,000 shares, the days-to-cover ratio is currently 0.0 days.

Aeries Technology Trading Down 3.3%

Shares of AERT stock opened at $0.61 on Friday. Aeries Technology has a 52-week low of $0.46 and a 52-week high of $2.70. The stock has a market cap of $28.56 million, a price-to-earnings ratio of -7.57 and a beta of -0.36. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.65 and a current ratio of 0.65. The firm has a fifty day moving average of $0.85 and a 200-day moving average of $0.78.

Aeries Technology (NASDAQ:AERT) last announced its quarterly earnings data on Thursday, August 14th. The company reported $0.03 earnings per share (EPS) for the quarter. Aeries Technology had a negative net margin of 4.91% and a negative return on equity of 2,170.47%. The company had revenue of $15.33 million during the quarter.

Aeries Technology Company Profile

Aeries Technology, Inc operates as a professional services and consulting partner in the North America, Asia Pacific, and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services.