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

Aeries Technology, Inc. (NASDAQ:AERT) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 3,311 shares, a decline of 69.1% from the September 30th total of 10,706 shares. Based on an average daily volume of 24,846 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

Aeries Technology Price Performance

NASDAQ:AERT opened at $6.17 on Wednesday. The company has a 50 day simple moving average of $6.80 and a two-hundred day simple moving average of $5.43. Aeries Technology has a fifty-two week low of $2.08 and a fifty-two week high of $7.96.

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

Analyst Ratings Changes

Separately, Weiss Ratings upgraded Aeries Technology from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company currently has an average rating of “Hold”.

About Aeries Technology

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.