Aehr Test Systems (NASDAQ:AEHR) Short Interest Down 6.3% in January

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) saw a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 6,550,000 shares, a decrease of 6.3% from the January 15th total of 6,990,000 shares. Based on an average trading volume of 1,240,000 shares, the short-interest ratio is presently 5.3 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. The Manufacturers Life Insurance Company grew its position in shares of Aehr Test Systems by 7.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,045 shares of the semiconductor company's stock worth $123,000 after buying an additional 769 shares during the last quarter. SG Americas Securities LLC purchased a new stake in Aehr Test Systems in the third quarter worth about $130,000. Net Worth Advisory Group purchased a new position in shares of Aehr Test Systems during the 3rd quarter worth approximately $176,000. Riverwater Partners LLC purchased a new position in shares of Aehr Test Systems during the 3rd quarter worth approximately $217,000. Finally, US Bancorp DE bought a new position in shares of Aehr Test Systems in the 3rd quarter worth approximately $77,000. Hedge funds and other institutional investors own 69.69% of the company's stock.

Aehr Test Systems Trading Down 2.8 %

Shares of Aehr Test Systems stock traded down $0.36 on Thursday, hitting $12.12. 840,256 shares of the company traded hands, compared to its average volume of 1,279,865. The company has a market cap of $359.94 million, a P/E ratio of 16.15 and a beta of 1.81. Aehr Test Systems has a 12-month low of $9.83 and a 12-month high of $21.44. The firm's 50-day simple moving average is $13.31 and its 200 day simple moving average is $13.28.

Aehr Test Systems (NASDAQ:AEHR - Get Free Report) last announced its quarterly earnings data on Monday, January 13th. The semiconductor company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.02). Aehr Test Systems had a net margin of 43.41% and a return on equity of 21.09%. Analysts predict that Aehr Test Systems will post 0.1 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Aehr Test Systems to a "sell" rating in a report on Wednesday, January 22nd.

Aehr Test Systems Company Profile

Aehr Test Systems provides test solutions for testing, burning-in, and semiconductor devices in wafer level, singulated die, and package part form, and installed systems worldwide. Its product portfolio includes FOX-XP and FOX-NP systems that are full wafer contact and singulated die/module test and burn-in systems that can test, burn-in, and stabilize range of devices, including silicon carbide-based and other power semiconductors, 2D and 3D sensors used in mobile phones, tablets and other computing devices, memory semiconductors, processors, microcontrollers, systems-on-a-chip, and photonics and integrated optical devices.