ATER Stock has been trading lower since their 52 weeks high of $52 per share. Currently, ATER is trading around $10.51 per share after the company announced they have “reached an agreement with its lender to use its stock to pay down outstanding secured term debt, pushing its shares sharply lower”.
ATER stock is still an interesting short squeeze play since their low amount of shares availability and higher borrow rate fees.
ATER SHORT DATA:
|Short Interest||7,515,156 shares|
|Short Interest Ratio||0.14 Days to Cover|
|Short Interest % Float||21.01%|