Aterian, Inc. (NASDAQ:ATER) Short Interest Update

Aterian, Inc. (NASDAQ:ATER) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 537,200 shares, a growth of 22.0% from the March 31st total of 440,500 shares. Based on an average daily volume of 114,300 shares, the short-interest ratio is presently 4.7 days. Approximately 8.1% of the shares of the stock are sold short.

Aterian Stock Performance

ATER traded up $0.02 during trading on Friday, reaching $2.31. The stock had a trading volume of 122,183 shares, compared to its average volume of 170,502. Aterian has a 1-year low of $1.90 and a 1-year high of $10.56. The stock has a 50 day moving average of $3.64 and a two-hundred day moving average of $3.84.

Aterian (NASDAQ:ATER) last released its earnings results on Tuesday, March 12th. The company reported ($1.20) earnings per share for the quarter, hitting analysts’ consensus estimates of ($1.20). The firm had revenue of $32.75 million during the quarter, compared to the consensus estimate of $31.60 million. Aterian had a negative return on equity of 78.29% and a negative net margin of 52.30%.

Aterian Company Profile

Aterian, Inc, together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. Its platform offers home and kitchen appliances; kitchenware; cooling and air quality appliances, such as dehumidifiers; health and beauty products; and essential oils under the Squatty Potty, hOmeLabs, Mueller, Pursteam, Healing Solutions, and Photo Paper Direct brand names.