Aeries Technology, Inc. (NASDAQ:AERT) Stock Short Interest Report for October

Aeries Technology, Inc. (NASDAQ:AERT) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totaling 3,311 shares, a drop of 69.1% from the September 30th total of 10,706 shares. Based on an average trading volume of 24,846 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the company’s shares are sold short.

Aeries Technology Stock Performance

Aeries Technology stock opened at $6.17 on Wednesday. Aeries Technology has a 52-week low of $2.08 and a 52-week high of $7.96. The stock’s 50 day moving average price is $6.80 and its two-hundred day moving average price is $5.43.

Aeries Technology (NASDAQ:AERT) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.27 earnings per share for the quarter. The company had revenue of $21.92 million for the quarter.

Analysts Set New Price Targets

Separately, Weiss Ratings raised Aeries Technology from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Aeries Technology currently has an average rating of “Hold”.

Aeries Technology Company Profile

Aeries Technology, Inc (NASDAQ: AERT) is a global professional services and consulting company that helps businesses and investment firms manage transformation, transition, and growth initiatives. The company provides technology-enabled solutions designed to support clients’ operational, financial, and strategic needs.

Its services include finance and accounting, tax and audit support, technology consulting, digital transformation, data and analytics, and managed services. Aeries Technology also offers talent and staffing solutions, helping clients access specialized professionals and scalable teams for business operations and technology projects.

The company serves clients across multiple industries and geographies, with an international delivery model supported by operations in India and business activities in markets including North America, the United Kingdom, and other regions.