Short Interest in Aeries Technology, Inc (NASDAQ:AERTW) Drops By 17.6%

Aeries Technology, Inc (NASDAQ:AERTW) was the recipient of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 11,129 shares, a decline of 17.6% from the January 15th total of 13,503 shares. Based on an average daily volume of 1,171 shares, the short-interest ratio is currently 9.5 days. Based on an average daily volume of 1,171 shares, the short-interest ratio is currently 9.5 days.

Aeries Technology Stock Performance

AERTW stock opened at $0.03 on Monday. The company’s fifty day simple moving average is $0.03 and its 200 day simple moving average is $0.04. Aeries Technology has a 12-month low of $0.01 and a 12-month high of $0.09.

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.