Aether Holdings, Inc. (NASDAQ:ATHR) Short Interest Update

Aether Holdings, Inc. (NASDAQ:ATHR) was the target of a large drop in short interest in March. As of March 31st, there was short interest totaling 22,965 shares, a drop of 14.0% from the March 15th total of 26,699 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 17,665 shares, the days-to-cover ratio is currently 1.3 days.

Aether Stock Down 0.9%

ATHR opened at $3.20 on Friday. The firm has a market cap of $38.88 million and a PE ratio of -8.89. Aether has a 1-year low of $1.87 and a 1-year high of $19.69. The company has a 50-day moving average of $3.25.

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 the consensus estimate of ($0.11). The firm 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%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Aether in a research report on Thursday, April 2nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

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.