1 day Ago By ABMN Staff
Aterian, Inc. ( NASDAQ:ATER – Get Free Report ) was the target of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 264,900 shares, a decrease of 7.
2% from the October 15th total of 285,500 shares. Approximately 4.0% of the company’s shares are short sold.
Based on an average daily trading volume, of 53,100 shares, the short-interest ratio is presently 5.0 days. Aterian Trading Up 0.
4 % Aterian stock opened at $2.40 on Wednesday. The firm has a market capitalization of $21.
01 million, a P/E ratio of -0.88 and a beta of 2.06.
The business has a 50-day moving average of $2.91 and a 200-day moving average of $2.82.
Aterian has a 1 year low of $1.90 and a 1 year high of $6.54.
Aterian ( NASDAQ:ATER – Get Free Report ) last issued its earnings results on Monday, November 11th. The company reported ($0.25) EPS for the quarter, beating the consensus estimate of ($0.
55) by $0.30. The firm had revenue of $26.
24 million during the quarter. Aterian had a negative net margin of 17.05% and a negative return on equity of 56.
01%. Insider Activity at Aterian Institutional Trading of Aterian Several hedge funds have recently added to or reduced their stakes in the business. Essex Investment Management Co.
LLC acquired a new position in Aterian in the third quarter valued at about $102,000. B. Riley Wealth Advisors Inc.
lifted its holdings in shares of Aterian by 39.8% during the 1st quarter. B.
Riley Wealth Advisors Inc. now owns 24,750 shares of the company’s stock valued at $68,000 after purchasing an additional 7,050 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Aterian in the 2nd quarter valued at approximately $59,000.
Finally, Jane Street Group LLC bought a new stake in Aterian during the 3rd quarter worth approximately $33,000. Institutional investors and hedge funds own 7.02% of the company’s stock.
Aterian Company Profile ( Get Free Report ) 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. Read More Receive News & Ratings for Aterian Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aterian and related companies with MarketBeat.
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