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

Aterian, Inc. (NASDAQ:ATER) was the recipient of a large 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. Currently, 8.1% of the company’s shares are sold short. Based on an average trading volume of 114,300 shares, the short-interest ratio is presently 4.7 days.

Aterian Price Performance

ATER traded up $0.02 during trading on Friday, reaching $2.31. 122,183 shares of the company’s stock were exchanged, compared to its average volume of 170,502. The company’s fifty day moving average price is $3.64 and its 200-day moving average price is $3.84. Aterian has a fifty-two week low of $1.90 and a fifty-two week high of $10.56.

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

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.