Advantest short interest drops 51% as United Bank boosts Archer Aviation stake

Short interest in Advantest Corp. (OTCMKTS:ATEYY) fell by 51.1% during April, indicating a sharp reduction in bearish positions on the semiconductor‑test equipment maker.

United Bank increased its holdings in Archer Aviation Inc. (NYSE:ACHR) by 179.1% in the fourth quarter, according to a recent Form 13F filing, bringing its total to 176,664 shares of the electric‑vertical‑takeoff‑and‑landing aircraft developer.