Aeries Technology, Inc (NASDAQ:AERT – Get Free Report) saw its short interest decline significantly in March. As of March 15th, short interest totaled 86,800 shares, a 13.5% decrease from February 29th's total of 100,400 shares. Based on average daily volume of 165,700 shares, the short interest ratio is currently 0.5 days. Currently, 0.9% of the company's stock is sold short.
Airies Technology Stock Up 0.8%
AERT stock opened Friday at $2.57. The stock's 50-day moving average is $2.38. Airys Technology has a 52-week low of $1.50 and a 52-week high of $11.40.
Aeries Technology (NASDAQ:AERT – Get Free Report) last released its quarterly earnings results on Friday, February 16th. The company reported earnings per share (EPS) of $1.08 for the quarter. The business' revenue for the quarter was $18.9 million.
Hedge funds take notice of Airies technology
Hedge funds recently purchased new shares in Airys Technology. Sage Rock Capital Management LP bought a new position in shares of Airys Technology Inc. (NASDAQ:AERT – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The company purchased 160,000 shares of the company's stock, worth about $400,000. Aeries Technology accounts for approximately 1.6% of Sage Rock Capital Management LP's holdings, making it his 22nd largest holding. Sage Rock Capital Management LP owned his 1.05% of Aeries Technology at the end of the most recent reporting period. 99.15% of the stock is owned by hedge funds and other institutional investors.
About Airies Technology
(Get Free Report)
Aeries Technology, Inc operates as a professional services and consulting partner in the United States and internationally. The company provides management consulting and services to private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services. We provide services.
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