Short Interest in Aether Holdings, Inc. (NASDAQ:ATHR) Decreases By 29.8%

Aether Holdings, Inc. (NASDAQ:ATHR) was the target of a large drop in short interest in February. As of February 27th, there was short interest totaling 22,771 shares, a drop of 29.8% from the February 12th total of 32,445 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 18,762 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 18,762 shares, the short-interest ratio is currently 1.2 days. Approximately 0.2% of the company’s stock are short sold.

Aether Price Performance

Aether stock opened at $3.14 on Friday. Aether has a 12-month low of $3.02 and a 12-month high of $19.69. The stock has a market cap of $38.15 million and a P/E ratio of -8.72. The business’s fifty day moving average price is $4.84.

Aether (NASDAQ:ATHR) last posted its quarterly earnings data on Tuesday, February 17th. The company reported ($0.11) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.11). The company had revenue of $0.34 million during the quarter, compared to analysts’ expectations of $0.50 million. Aether had a negative net margin of 301.54% and a negative return on equity of 124.43%.

Aether Company Profile

We are an emerging financial technology platform company that offers proprietary research analytics, data and tools for both institutional and retail equity traders through our flagship platform, SentimenTrader.com. By integrating advanced technologies, including artificial intelligence (“AI”) tools, with the critical thinking and analytical abilities of our team of evidenced-based trading veterans, we aim to provide our Users with a powerful combination of technology and expertise, enabling them to make informed decisions to level-up their trading in the markets.