What Next for AEROGROW INTERNATIONAL INC (OTCMKTS:AERO) Stock After Decrease in Shorted Shares?

June 17, 2018 - By Ellis Scott

Aerogrow International, Inc. (OTCMKTS:AERO) Logo

The stock of AEROGROW INTERNATIONAL INC (OTCMKTS:AERO) registered a decrease of 4.65% in short interest. AERO’s total short interest was 4,100 shares in June as published by FINRA. Its down 4.65% from 4,300 shares, reported previously. With 12,400 shares average volume, it will take short sellers 0 days to cover their AERO’s short positions. The short interest to AEROGROW INTERNATIONAL INC’s float is 0.07%.

The stock decreased 1.84% or $0.045 during the last trading session, reaching $2.395. About 7,409 shares traded or 14.25% up from the average. Aerogrow International, Inc. (OTCMKTS:AERO) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

AeroGrow International, Inc. engages in the development, marketing, direct-selling, and wholesale of indoor garden systems to clients and retailers worldwide. The company has market cap of $82.22 million. The company’s principal products include indoor gardens and proprietary seed pod kits that allow clients to grow vegetables, such as tomatoes, chili peppers, and salad greens; fresh herbs, including cilantro, chives, basil, dill, oregano, and mint; and flowers, such as petunias, snapdragons, geraniums, and vinca. It has a 159.67 P/E ratio. It also offers grow lights and a patented nutrient formula, as well as various cooking, gardening, and décor accessories.

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