1 day Ago By Defense World Staff
Aterian, Inc. ( NASDAQ:ATER – Get Free Report ) was the recipient of a significant decrease in short interest in 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. Based on an average daily volume of 53,100 shares, the short-interest ratio is presently 5.0 days.
Currently, 4.0% of the shares of the stock are sold short. Aterian Stock Performance ATER opened at $2.
40 on Wednesday. The firm has a market cap of $21.01 million, a price-to-earnings ratio of -0.
88 and a beta of 2.06. The firm’s 50-day simple moving average is $2.
91 and its 200-day simple moving average is $2.82. Aterian has a twelve month low of $1.
90 and a twelve month high of $6.54. Aterian ( NASDAQ:ATER – Get Free Report ) last issued its quarterly earnings data on Monday, November 11th.
The company reported ($0.25) earnings per share for the quarter, topping the consensus estimate of ($0.55) by $0.
30. Aterian had a negative net margin of 17.05% and a negative return on equity of 56.
01%. The firm had revenue of $26.24 million for the quarter.
Insider Buying and Selling Hedge Funds Weigh In On Aterian A number of institutional investors and hedge funds have recently bought and sold shares of ATER. Jane Street Group LLC bought a new position in shares of Aterian in the third quarter valued at about $33,000. XTX Topco Ltd bought a new position in shares of Aterian in the second quarter worth about $59,000.
B. Riley Wealth Advisors Inc. lifted its position in shares of Aterian by 39.
8% during the first quarter. B. Riley Wealth Advisors Inc.
now owns 24,750 shares of the company’s stock worth $68,000 after purchasing an additional 7,050 shares in the last quarter. Finally, Essex Investment Management Co. LLC bought a new stake in shares of Aterian during the third quarter valued at approximately $102,000.
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 Five stocks we like better than Aterian The 3 Best Retail Stocks to Shop for in August Super Micro Computer Soars 28%: Is It Really Out of the Woods? Basic Materials Stocks Investing Traders Are Flocking Back to Oil: What’s Fueling the Optimism How to Capture the Benefits of Dividend Increases 3 Hot Stock Trends to Ride Into 2025 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.com's FREE daily email newsletter .
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