Alset Inc. (NASDAQ:AEI) Short Interest Update

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

Alset Trading Up 3.5 %

AEI opened at $0.59 on Friday. The stock has a 50-day moving average price of $0.77 and a 200-day moving average price of $1.03. Alset has a 12-month low of $0.57 and a 12-month high of $2.08. The stock has a market capitalization of $5.45 million, a P/E ratio of -0.09 and a beta of 0.73.

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

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.