Alliance Entertainment Holding Co. (NASDAQ:AENTW – Get Free Report) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 248 shares, a drop of 86.7% from the August 31st total of 1,861 shares. Based on an average daily trading volume, of 45,717 shares, the days-to-cover ratio is presently 0.0 days.
Alliance Entertainment Price Performance
Shares of NASDAQ:AENTW opened at $0.24 on Friday. The firm has a 50 day moving average of $0.34 and a 200 day moving average of $0.47. Alliance Entertainment has a 52 week low of $0.17 and a 52 week high of $1.13.
Alliance Entertainment Company Profile
Alliance Entertainment, traded on the NASDAQ under the ticker AENTW, is a leading wholesale distributor of home entertainment products in North America. The company specializes in sourcing and distributing a broad range of physical media, including DVDs, Blu-ray discs, CDs, vinyl records, video games and related consumer electronics accessories. With an extensive catalog and long-standing relationships with studios, record labels and publishers, Alliance Entertainment serves a diverse customer base that spans traditional retailers, internet merchants and specialty outlets.
Beyond core distribution, Alliance Entertainment provides a suite of integrated supply chain and e-commerce fulfillment services.
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