Alpha Technology Group Limited (NASDAQ:ATGL) Short Interest Down 20.3% in December

Posted by Scott Moore on Dec 29th, 2024

Alpha Technology Group Limited (NASDAQ:ATGL – Get Free Report) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 93,700 shares, a decrease of 20.3% from the November 30th total of 117,600 shares. Approximately 2.2% of the company’s stock are short sold. Based on an average daily trading volume, of 591,800 shares, the days-to-cover ratio is presently 0.2 days.

Alpha Technology Group Price Performance

NASDAQ:ATGL traded down $2.43 during trading hours on Friday, hitting $13.52. 34,484 shares of the company traded hands, compared to its average volume of 177,099. Alpha Technology Group has a one year low of $1.15 and a one year high of $19.60. The firm’s 50-day simple moving average is $11.90 and its 200-day simple moving average is $6.26.

Alpha Technology Group Company Profile

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Alpha Technology Group Limited, through its subsidiaries, provides cloud-based information technology services in Hong Kong. The company primarily offers cloud-based and customized customer relationship management and enterprise resource planning systems; web and mobile application development services; artificial intelligence powered optical character recognition services; and technological support and maintenance, and other services, such as maintaining and enhancing services for systems.