Alliance Entertainment Holding Co. (NASDAQ:AENTW – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 629 shares, an increase of 153.6% from the September 15th total of 248 shares. Based on an average daily trading volume, of 10,182 shares, the days-to-cover ratio is currently 0.1 days.
Alliance Entertainment Stock Performance
AENTW traded up $0.02 during trading on Monday, reaching $0.18. 5,147 shares of the company’s stock were exchanged, compared to its average volume of 19,026. Alliance Entertainment has a 1 year low of $0.15 and a 1 year high of $1.13. The company’s fifty day simple moving average is $0.29 and its 200-day simple moving average is $0.43.
About Alliance Entertainment
Alliance Entertainment Holding Corporation is a distributor and wholesaler of entertainment products. The company supplies physical and digital media, including music, movies, and video games, as well as consumer electronics, toys, collectibles, and other pop-culture merchandise.
Alliance Entertainment serves retailers, e-commerce platforms, specialty stores, and other commercial customers. Its activities include product sourcing, wholesale distribution, fulfillment, and direct-to-consumer and business-to-business e-commerce services.
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