Aether Holdings, Inc. (NASDAQ:ATHR) Short Interest Down 14.0% in March

Aether Holdings, Inc. (NASDAQ:ATHR) was the recipient of a significant drop in short interest during the month of 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. Based on an average trading volume of 17,665 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.2% of the company’s shares are short sold.

Aether Stock Performance

Shares of NASDAQ ATHR opened at $3.22 on Friday. Aether has a 1-year low of $1.87 and a 1-year high of $19.69. The business has a fifty day moving average of $3.29. The firm has a market cap of $39.05 million and a price-to-earnings ratio of -8.97.

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

Analysts Set New Price Targets

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, According to MarketBeat, the company has a consensus rating of “Sell”.

About Aether

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.