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

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

Aeries Technology Stock Up 2.5%

Shares of Aeries Technology stock opened at $0.02 on Tuesday. The business has a fifty day simple moving average of $0.02 and a two-hundred day simple moving average of $0.03. Aeries Technology has a 1 year low of $0.01 and a 1 year 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.