Alliance Entertainment Holding Co. (NASDAQ:AENTW) Short Interest Update

Alliance Entertainment Holding Co. (NASDAQ:AENTW) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 248 shares, a drop of 83.3% from the April 30th total of 1,488 shares. Based on an average trading volume of 8,104 shares, the days-to-cover ratio is presently 0.0 days.

Alliance Entertainment Price Performance

Alliance Entertainment stock traded down $0.01 during trading on Friday, reaching $0.50. The company had a trading volume of 100 shares, compared to its average volume of 22,034. The firm’s 50-day simple moving average is $0.61 and its 200 day simple moving average is $0.68. Alliance Entertainment has a 1-year low of $0.12 and a 1-year high of $1.13.

Alliance Entertainment Company Profile

Alliance Entertainment, traded on the NASDAQ under the ticker AENTW, is a leading wholesale distributor of home entertainment products in North America. The company specializes in sourcing and distributing a broad range of physical media, including DVDs, Blu-ray discs, CDs, vinyl records, video games and related consumer electronics accessories. With an extensive catalog and long-standing relationships with studios, record labels and publishers, Alliance Entertainment serves a diverse customer base that spans traditional retailers, internet merchants and specialty outlets.

Beyond core distribution, Alliance Entertainment provides a suite of integrated supply chain and e-commerce fulfillment services.