Aether Holdings, Inc. (NASDAQ:ATHR) Short Interest Update

Aether Holdings, Inc. (NASDAQ:ATHR) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 20,552 shares, a drop of 62.3% from the December 31st total of 54,522 shares. Based on an average daily volume of 10,513 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.2% of the company’s stock are short sold. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 10,513 shares, the days-to-cover ratio is currently 2.0 days.

Aether Stock Down 0.5%

Shares of NASDAQ ATHR opened at $5.54 on Thursday. The company’s 50 day moving average is $5.97. The firm has a market capitalization of $67.14 million and a PE ratio of -22.16. Aether has a 52 week low of $4.51 and a 52 week high of $19.69.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ATHR. Wall Street Zen cut Aether from a “hold” rating to a “sell” rating in a research report on Friday, October 10th. Weiss Ratings started coverage on Aether in a research note on Friday, October 10th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

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.