Aterian, Inc. (NASDAQ:ATER) Short Interest Update

Aterian, Inc. (NASDAQ:ATER) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 537,200 shares, a growth of 22.0% from the March 31st total of 440,500 shares. Based on an average daily volume of 114,300 shares, the short-interest ratio is presently 4.7 days. Currently, 8.1% of the company’s stock are sold short.

Aterian Price Performance

Shares of ATER stock traded down $0.06 on Tuesday, reaching $2.29. 90,199 shares of the company were exchanged, compared to its average volume of 99,808. The company has a 50-day moving average of $3.59 and a 200-day moving average of $3.82. The company has a market cap of $17.56 million, a price-to-earnings ratio of -0.20 and a beta of 1.94. Aterian has a one year low of $1.90 and a one year high of $10.56.

Aterian (NASDAQ:ATER) last announced its quarterly earnings results on Tuesday, March 12th. The company reported ($1.20) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($1.20). Aterian had a negative return on equity of 78.29% and a negative net margin of 52.30%. The business had revenue of $32.75 million for the quarter, compared to analyst estimates of $31.60 million.

Aterian Company Profile

Aterian, Inc, together with its subsidiaries, operates as a technology-enabled consumer products company in North America and internationally. Its platform offers home and kitchen appliances; kitchenware; cooling and air quality appliances, such as dehumidifiers; health and beauty products; and essential oils under the Squatty Potty, hOmeLabs, Mueller, Pursteam, Healing Solutions, and Photo Paper Direct brand names.