ATER Stock has been trading down since the company announced ” that it has reached an agreement with its lender, High Trail, to pay down its outstanding secured term debt in an aggregate principal amount of $66.3 million-plus accrued and unpaid interest, which amount will be paid in shares of the Company’s common stock in accordance with the terms of the notes evidencing such debt. The remaining $25.0 million term loan debt will now mature in April 2023 and all financial covenants have been restructured.”
ATER stock is trading around $12.77 per share with 52 weeks high of $48.99 and 52 week low of $3.04 per share.
ATER SHORT DATA:
|Short Interest||7,515,156 shares|
|Short Interest Ratio||0.11 Days to Cover|
|Short Interest % Float||28.41%|