Aether Holdings, Inc. (NASDAQ:ATHR) Sees Large Decline in Short Interest

Aether Holdings, Inc. (NASDAQ:ATHRGet Free Report) was the target of a large decline in short interest in April. As of April 30th, there was short interest totaling 23,684 shares, a decline of 38.2% from the April 15th total of 38,325 shares. Based on an average trading volume of 15,400 shares, the short-interest ratio is currently 1.5 days. Approximately 0.2% of the shares of the stock are short sold.

Aether Stock Up 1.1%

NASDAQ:ATHR traded up $0.04 on Friday, reaching $3.72. The stock had a trading volume of 14,264 shares, compared to its average volume of 12,383. The company has a market capitalization of $45.18 million and a P/E ratio of -9.30. Aether has a 1-year low of $1.87 and a 1-year high of $19.69. The stock has a fifty day moving average price of $3.11 and a 200-day moving average price of $4.73.

Aether (NASDAQ:ATHRGet Free Report) last posted its earnings results on Friday, May 15th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.02. The company had revenue of $0.34 million during the quarter. Aether had a negative net margin of 301.54% and a negative return on equity of 124.43%. Sell-side analysts predict that Aether will post -0.35 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Aether in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has an average rating of “Sell”.

Check Out Our Latest Report on Aether

Aether Company Profile

(Get Free Report)

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.

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