Aeries Technology, Inc (NASDAQ:AERT) Short Interest Update

Aeries Technology, Inc (NASDAQ:AERT) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 82,700 shares, an increase of 74.1% from the August 31st total of 47,500 shares. Based on an average trading volume of 53,700 shares, the short-interest ratio is currently 1.5 days. Currently, 1.6% of the company’s shares are sold short.

Aeries Technology Stock Up 17.8 %

AERT stock opened at $2.45 on Friday. Aeries Technology has a fifty-two week low of $1.29 and a fifty-two week high of $11.40. The business has a 50-day moving average of $2.25 and a 200-day moving average of $2.05.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AERT. Caas Capital Management LP bought a new stake in shares of Aeries Technology in the second quarter valued at approximately $209,000. Aristeia Capital L.L.C. bought a new position in shares of Aeries Technology in the second quarter worth $335,000. Finally, Sage Rock Capital Management LP acquired a new position in Aeries Technology in the fourth quarter valued at about $400,000. 99.15% of the stock is owned by institutional investors.

Aeries Technology Company Profile

Aeries Technology, Inc operates as a professional services and consulting partner in the United States and internationally. The company offers management consultancy services for private equity sponsors and their portfolio companies, including software solutions, product management, IT infrastructure, information and cyber security, ERP and CRM platform management, business process management, and digital transformation services.