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

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

Aterian Trading Down 2.6 %

NASDAQ:ATER traded down $0.06 during trading hours on Tuesday, reaching $2.29. 90,199 shares of the company traded hands, compared to its average volume of 99,808. The business’s 50-day moving average price is $3.59 and its two-hundred day moving average price is $3.82. Aterian has a 1 year low of $1.90 and a 1 year high of $10.56. The stock has a market capitalization of $17.56 million, a P/E ratio of -0.20 and a beta of 1.94.

Aterian (NASDAQ:ATER) last posted 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 firm had revenue of $32.75 million during 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.