Alset Inc. (NASDAQ:AEI) Short Interest Update

Alset Inc. (NASDAQ:AEI) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 30,400 shares, an increase of 794.1% from the March 31st total of 3,400 shares. Based on an average daily volume of 34,900 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.7% of the company’s shares are sold short.

Alset Stock Up 3.5 %

Shares of NASDAQ AEI opened at $0.59 on Friday. The firm has a market cap of $5.45 million, a price-to-earnings ratio of -0.09 and a beta of 0.73. Alset has a 52-week low of $0.57 and a 52-week high of $2.08. The business’s 50 day moving average is $0.77 and its two-hundred day moving average is $1.03.

Alset (NASDAQ:AEI) last announced its earnings results on Monday, April 1st. The company reported ($3.66) earnings per share (EPS) for the quarter. The firm had revenue of $1.02 million during the quarter. Alset had a negative net margin of 266.86% and a negative return on equity of 45.78%.

Alset Company Profile

Alset Inc, together with its subsidiaries, engages in the real estate development, financial services, digital transformation technologies, biohealth activities, and consumer products businesses in the United States, Singapore, Hong Kong, Australia, and South Korea. It operates through four segments: Real Estate, Digital Transformation Technology, Biohealth, and Other Business Activities segments.