What’s next for Aterian, Inc: ATER STOCK? Possible Short Squeeze?
ATER STOCK BACKGROUND
Aterian, Inc, ticker symbol ATER showing some bullish pattern today due to the possibilities of a short squeeze. The stock has been volatile since mid-February 2021.
The stock hit 52 weeks high of $48.99 and 52 week low of $3.04.
As of today, the stock is trading around $11.20 per share. The big question about the ATER stock is will it squeeze again, back to its near all-time high?
Due to the shorts borrow rate going higher, it has been difficult for short sellers to borrow this stock. The higher price of this stock goes, the more expansive the borrow rate will be, and eventually, shorts have to be covered.

From its 52 week low of $3.04, the stock went up more than 400%, all the way up to $17.98 per share.
Since hitting near $18, the price of ATER fell down around $10 per share.

SHORTS DATA
Short Interest | 6,682,257 shares |
Short Interest Ratio | 1-2 Days to Cover |
Short Interest % Float | 36.09% |
The chart below shows the ATER stock Shorts Shares Availability.
During the interday trading on September 15, 2021, 3:58 PM EST, there was only 2000 shares available to short with a higher borrow rate. The stock price did move up from $10.94 to $11.25 as there was a massive increase in volume.


BORROW RATE
