Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report) saw a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 60,800 shares, a decline of 9.0% from the January 15th total of 66,800 shares. Based on an average trading volume of 46,300 shares, the short-interest ratio is currently 1.3 days. Approximately 1.4% of the company's shares are sold short.
Alpha Technology Group Stock Performance
Shares of ATGL stock traded up $7.67 on Thursday, reaching $46.98. 89,904 shares of the stock were exchanged, compared to its average volume of 26,655. The firm has a 50 day moving average of $17.23 and a two-hundred day moving average of $10.25. The company has a current ratio of 6.37, a quick ratio of 6.37 and a debt-to-equity ratio of 0.01. Alpha Technology Group has a 1-year low of $1.15 and a 1-year high of $57.32.
Institutional Trading of Alpha Technology Group
An institutional investor recently bought a new position in Alpha Technology Group stock. Citadel Advisors LLC purchased a new position in shares of Alpha Technology Group Limited (NASDAQ:ATGL - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,313 shares of the company's stock, valued at approximately $159,000. Citadel Advisors LLC owned 0.07% of Alpha Technology Group at the end of the most recent quarter.
Alpha Technology Group Company Profile
(
Get Free Report)
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.
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