Alliance Entertainment Holding Co. (NASDAQ:AENTW) Sees Large Decrease in Short Interest

Alliance Entertainment Holding Co. (NASDAQ:AENTW) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 4,700 shares, a drop of 14.5% from the March 31st total of 5,500 shares. Based on an average trading volume of 21,900 shares, the days-to-cover ratio is currently 0.2 days.

Alliance Entertainment Trading Up 122.8 %

AENTW opened at $0.05 on Tuesday. The firm has a 50-day moving average price of $0.03 and a 200-day moving average price of $0.02. Alliance Entertainment has a twelve month low of $0.01 and a twelve month high of $0.09.

Alliance Entertainment Company Profile

Alliance Entertainment Holding Corporation operates as a wholesaler, distributor, and e-commerce provider for the entertainment industry worldwide. It offers vinyl records, video games, digital video discs, blu-rays, toys, compact discs, collectibles, and other entertainment and consumer products. The company also provides third party logistics products and services.