Aeries Technology, Inc (NASDAQ:AERTW) Sees Significant Drop in Short Interest

Aeries Technology, Inc (NASDAQ:AERTW) saw a large decline in short interest in March. As of March 31st, there was short interest totaling 7,228 shares, a decline of 20.8% from the March 15th total of 9,128 shares. Based on an average daily trading volume, of 1,609 shares, the short-interest ratio is currently 4.5 days.

Aeries Technology Stock Performance

NASDAQ:AERTW opened at $0.02 on Thursday. Aeries Technology has a 12 month low of $0.01 and a 12 month high of $0.09. The stock has a 50 day moving average of $0.02 and a two-hundred day moving average of $0.03.

About Aeries Technology

Aeries Technology Corporation develops and manufactures advanced wafer cleaning and surface preparation equipment for the semiconductor industry. The company’s product portfolio includes megasonic immersion scrubbers, spray modules, spin clean and dry systems, and related consumables designed to remove particulates, residual films and metallic contaminants from silicon wafers. These systems support critical front-end and back-end processes in wafer fabrication, ensuring high yields and reliability for integrated circuit and device manufacturers.

In addition to its core cleaning platforms, Aeries Technology expanded its capabilities through the acquisition of Stratos Photonics, a provider of optical packaging and photonic device assembly equipment.