Aether Holdings, Inc. (NASDAQ:ATHR) Short Interest Down 38.2% in April

Aether Holdings, Inc. (NASDAQ:ATHR) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 23,684 shares, a decline of 38.2% from the April 15th total of 38,325 shares. Based on an average daily volume of 15,400 shares, the short-interest ratio is presently 1.5 days. Approximately 0.2% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Aether in a report on Thursday, April 2nd. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

Aether Price Performance

Shares of NASDAQ ATHR traded up $0.04 during mid-day trading on Friday, hitting $3.72. The company had a trading volume of 14,264 shares, compared to its average volume of 12,383. Aether has a 12 month low of $1.87 and a 12 month high of $19.69. The firm has a market cap of $45.18 million and a P/E ratio of -9.30. The business’s 50-day simple moving average is $3.11 and its 200-day simple moving average is $4.73.

Aether (NASDAQ:ATHR) last issued its quarterly earnings results on Friday, May 15th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.02. Aether had a negative return on equity of 124.43% and a negative net margin of 301.54%.The firm had revenue of $0.34 million for the quarter. As a group, sell-side analysts predict that Aether will post -0.35 EPS for the current year.

Aether Company Profile

We are an emerging financial technology platform company that offers proprietary research analytics, data and tools for both institutional and retail equity traders through our flagship platform, SentimenTrader.com. By integrating advanced technologies, including artificial intelligence (“AI”) tools, with the critical thinking and analytical abilities of our team of evidenced-based trading veterans, we aim to provide our Users with a powerful combination of technology and expertise, enabling them to make informed decisions to level-up their trading in the markets.