Is the Interest in Aterian Short-Lived or There is More to it?

Is the Interest in Aterian Short-Lived or There is More to it?

It looks like tech-enabled consumer product company Aterian (NASDAQ: ATER) is re-emerging as a potential short squeeze candidate. Shares have risen 43.6% over the past five days and have spiked over 120% since the beginning of April.

Aterian ranks number one on Fintel’s Short Squeeze Screener and Leaderboard, which uses an advanced quantitative model to track companies having the highest likelihood of experiencing a short squeeze.

Aterian stock was involved in the short squeeze frenzy last year amid heightened interest on Reddit's WallStreetBets and other social platforms. However, the rally did not sustain for long.