Aeries Technology, Inc (NASDAQ:AERTW) Sees Large Increase in Short Interest

Aeries Technology, Inc (NASDAQ:AERTW) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 196,126 shares, a growth of 679.2% from the July 30th total of 25,169 shares. Based on an average trading volume of 24,144 shares, the days-to-cover ratio is currently 8.1 days.

Aeries Technology Trading Down 1.0%

AERTW stock opened at $0.02 on Wednesday. Aeries Technology has a twelve month low of $0.02 and a twelve month high of $0.09. The business’s fifty day simple moving average is $0.02 and its two-hundred day simple moving average is $0.02.

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.