Aeries Technology, Inc (NASDAQ:AERT) Short Interest Down 46.3% in January

Aeries Technology, Inc (NASDAQ:AERT) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 268,500 shares, a decline of 46.3% from the December 31st total of 500,200 shares. Based on an average daily volume of 275,800 shares, the short-interest ratio is presently 1.0 days. Approximately 2.5% of the shares of the company are sold short.

Aeries Technology Stock Performance

NASDAQ:AERT opened at $0.60 on Friday. The firm has a market cap of $26.86 million, a P/E ratio of 1.28 and a beta of -0.63. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 9.01. The stock’s 50 day simple moving average is $0.82 and its 200-day simple moving average is $1.60. Aeries Technology has a 12-month low of $0.51 and a 12-month high of $2.93.

Aeries Technology Company Profile

Aeries Technology, Inc operates as a professional services and consulting partner in the North America, Asia Pacific, 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.