Alliance Entertainment Holding Co. (NASDAQ:AENTW – Get Free Report) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 248 shares, a decline of 83.3% from the April 30th total of 1,488 shares. Based on an average daily trading volume, of 8,104 shares, the short-interest ratio is presently 0.0 days.
Alliance Entertainment Price Performance
Shares of Alliance Entertainment stock opened at $0.50 on Thursday. Alliance Entertainment has a 52-week low of $0.12 and a 52-week high of $1.13. The company has a 50-day simple moving average of $0.61 and a two-hundred day simple moving average of $0.68.
About Alliance Entertainment
Alliance Entertainment, traded on the NASDAQ under the ticker AENTW, is a leading wholesale distributor of home entertainment products in North America. The company specializes in sourcing and distributing a broad range of physical media, including DVDs, Blu-ray discs, CDs, vinyl records, video games and related consumer electronics accessories. With an extensive catalog and long-standing relationships with studios, record labels and publishers, Alliance Entertainment serves a diverse customer base that spans traditional retailers, internet merchants and specialty outlets.
Beyond core distribution, Alliance Entertainment provides a suite of integrated supply chain and e-commerce fulfillment services.
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