Aether Holdings, Inc. (NASDAQ:ATHR) Sees Significant Decrease in Short Interest

Aether Holdings, Inc. (NASDAQ:ATHR) was the recipient of a significant decline in short interest in 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. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 15,400 shares, the days-to-cover ratio is currently 1.5 days.

Analyst Upgrades and Downgrades

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

Aether Trading Up 2.4%

Shares of ATHR traded up $0.09 during trading hours on Monday, reaching $3.77. 1,502 shares of the company’s stock traded hands, compared to its average volume of 14,210. The stock has a market cap of $45.81 million and a PE ratio of -9.43. Aether has a 12 month low of $1.87 and a 12 month high of $19.69. The firm’s 50 day simple moving average is $3.11 and its 200-day simple moving average is $4.72.

Aether (NASDAQ:ATHR) last announced its quarterly earnings data on Friday, May 15th. The company reported ($0.08) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.02. The firm had revenue of $0.34 million during the quarter. Aether had a negative return on equity of 103.17% and a negative net margin of 349.89%. As a group, analysts expect that Aether will post -0.35 earnings per share for the current fiscal 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.