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

Aeries Technology, Inc (NASDAQ:AERT) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 82,700 shares, a growth of 74.1% from the August 31st total of 47,500 shares. Approximately 1.6% of the shares of the stock are sold short. Based on an average trading volume of 53,700 shares, the days-to-cover ratio is presently 1.5 days.

Aeries Technology Price Performance

NASDAQ AERT opened at $2.45 on Friday. Aeries Technology has a twelve month low of $1.29 and a twelve month high of $11.40. The business’s fifty day moving average is $2.25 and its 200 day moving average is $2.05.

Institutional Trading of Aeries Technology

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caas Capital Management LP bought a new stake in Aeries Technology during the second quarter valued at $209,000. Aristeia Capital L.L.C. bought a new position in shares of Aeries Technology in the 2nd quarter worth about $335,000. Finally, Sage Rock Capital Management LP acquired a new position in shares of Aeries Technology in the 4th quarter valued at about $400,000. Institutional investors and hedge funds own 99.15% of the company’s stock.

Aeries Technology Company Profile

Aeries Technology, Inc operates as a professional services and consulting partner in the United States 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.