Aeries Technology, Inc (NASDAQ:AERT) Short Interest Update

Aeries Technology, Inc (NASDAQ:AERT) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 500,200 shares, a growth of 622.8% from the December 31st total of 69,200 shares. Approximately 4.7% of the company’s shares are sold short. Based on an average daily volume of 281,400 shares, the short-interest ratio is presently 1.8 days.

Aeries Technology Stock Up 0.3 %

NASDAQ:AERT opened at $0.75 on Wednesday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 9.01. The stock’s fifty day moving average is $0.85 and its two-hundred day moving average is $1.63. Aeries Technology has a 52 week low of $0.59 and a 52 week high of $2.93. The stock has a market capitalization of $33.51 million, a price-to-earnings ratio of 1.60 and a beta of -0.63.

About Aeries Technology

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.