Short Interest in Aeries Technology, Inc (NASDAQ:AERTW) Expands By 142.5%

Aeries Technology, Inc (NASDAQ:AERTW) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 31,491 shares, an increase of 142.5% from the April 30th total of 12,988 shares. Based on an average daily volume of 18,289 shares, the short-interest ratio is presently 1.7 days.

Aeries Technology Price Performance

NASDAQ:AERTW opened at $0.02 on Friday. Aeries Technology has a twelve month low of $0.01 and a twelve month high of $0.09. The company’s 50 day moving average is $0.02 and its two-hundred day moving average is $0.03.

Aeries Technology Company Profile

Aeries Technology Corporation develops and manufactures advanced wafer cleaning and surface preparation equipment for the semiconductor industry. The company’s product portfolio includes megasonic immersion scrubbers, spray modules, spin clean and dry systems, and related consumables designed to remove particulates, residual films and metallic contaminants from silicon wafers. These systems support critical front-end and back-end processes in wafer fabrication, ensuring high yields and reliability for integrated circuit and device manufacturers.

In addition to its core cleaning platforms, Aeries Technology expanded its capabilities through the acquisition of Stratos Photonics, a provider of optical packaging and photonic device assembly equipment.