Short Interest in Aeries Technology, Inc (NASDAQ:AERTW) Drops By 37.4%

Aeries Technology, Inc (NASDAQ:AERTW) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 16,989 shares, a decrease of 37.4% from the June 15th total of 27,141 shares. Based on an average daily trading volume, of 19,573 shares, the short-interest ratio is currently 0.9 days.

Aeries Technology Stock Performance

Aeries Technology stock opened at $0.02 on Friday. The business has a 50 day simple moving average of $0.02 and a 200-day simple moving average of $0.02. Aeries Technology has a 12 month low of $0.02 and a 12 month high of $0.09.

Aeries Technology Company Profile

Aeries Technology Corporation develops and manufactures advanced wafer cleaning and surface preparation equipment for the semiconductor industry. The company’s product portfolio includes megasonic immersion scrubbers, spray modules, spin clean and dry systems, and related consumables designed to remove particulates, residual films and metallic contaminants from silicon wafers. These systems support critical front-end and back-end processes in wafer fabrication, ensuring high yields and reliability for integrated circuit and device manufacturers.

In addition to its core cleaning platforms, Aeries Technology expanded its capabilities through the acquisition of Stratos Photonics, a provider of optical packaging and photonic device assembly equipment.