Aeries Technology, Inc (NASDAQ:AERT) Short Interest Down 15.3% in April

Aeries Technology, Inc (NASDAQ:AERT) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 72,100 shares, a drop of 15.3% from the March 31st total of 85,100 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average trading volume of 15,400 shares, the short-interest ratio is currently 4.7 days.

Institutional Trading of Aeries Technology

An institutional investor recently bought a new position in Aeries Technology stock. Caas Capital Management LP bought a new stake in Aeries Technology, Inc (NASDAQ:AERT) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 125,000 shares of the company’s stock, valued at approximately $301,000. Caas Capital Management LP owned approximately 0.82% of Aeries Technology as of its most recent filing with the SEC. Hedge funds and other institutional investors own 99.15% of the company’s stock.

Aeries Technology Stock Down 0.5 %

Shares of NASDAQ AERT opened at $2.13 on Tuesday. The firm has a fifty day moving average of $2.32. Aeries Technology has a fifty-two week low of $1.50 and a fifty-two week high of $11.40.

Aeries Technology (NASDAQ:AERT) last posted its quarterly earnings results on Friday, February 16th. The company reported ($1.08) EPS for the quarter. The company had revenue of $18.90 million during the quarter.

Aeries Technology Company Profile

Aeries Technology, Inc operates as a professional services and consulting partner in the United States and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services.