Aether Holdings, Inc. (NASDAQ:ATHR) Short Interest Down 62.3% in January

Aether Holdings, Inc. (NASDAQ:ATHR) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 20,552 shares, a decline of 62.3% from the December 31st total of 54,522 shares. Based on an average trading volume of 10,513 shares, the short-interest ratio is presently 2.0 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 10,513 shares, the short-interest ratio is presently 2.0 days.

Aether Stock Performance

Shares of ATHR stock traded up $0.68 on Friday, reaching $6.03. 54,923 shares of the company were exchanged, compared to its average volume of 8,722. The firm has a 50-day moving average of $5.96. Aether has a 1 year low of $4.51 and a 1 year high of $19.69. The company has a market cap of $73.08 million and a P/E ratio of -24.12.

Aether (NASDAQ:ATHR) last issued its quarterly earnings data on Wednesday, December 17th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.04). The business had revenue of $0.34 million during the quarter, compared to the consensus estimate of $0.40 million.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Wall Street Zen lowered Aether from a “hold” rating to a “sell” rating in a report on Friday, October 10th. Weiss Ratings assumed coverage on Aether in a research report on Friday, October 10th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

About Aether

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.