Aterian, Inc. (NASDAQ:ATER) Short Interest Up 22.0% in April

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

Aterian Trading Up 3.9 %

ATER stock traded up $0.09 during mid-day trading on Monday, hitting $2.40. 10,392 shares of the stock were exchanged, compared to its average volume of 98,049. The business has a fifty day moving average price of $3.64 and a 200 day moving average price of $3.83. Aterian has a 12 month low of $1.90 and a 12 month high of $10.56.

Aterian (NASDAQ:ATER) last released its quarterly earnings data on Tuesday, March 12th. The company reported ($1.20) earnings per share (EPS) for the quarter, meeting 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 business had revenue of $32.75 million for the quarter, compared to analysts’ expectations 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.