Short Interest in Aeries Technology, Inc (NASDAQ:AERTW) Increases By 68.7%

Aeries Technology, Inc (NASDAQ:AERTW) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 25,169 shares, an increase of 68.7% from the July 15th total of 14,923 shares. Based on an average trading volume of 23,437 shares, the short-interest ratio is presently 1.1 days.

Aeries Technology Stock Up 0.5%

AERTW stock opened at $0.02 on Monday. The firm’s fifty day simple moving average is $0.02 and its 200-day simple moving average is $0.02. Aeries Technology has a 12 month low of $0.02 and a 12 month high of $0.09.

About Aeries Technology

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.