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Alpha Technology Group Limited (NASDAQ:ATGL) Sees Significant Drop in Short Interest

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Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 50,400 shares, a decline of 17.1% from the January 31st total of 60,800 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average trading volume of 38,700 shares, the days-to-cover ratio is currently 1.3 days.

Alpha Technology Group Stock Up 24.3 %

Alpha Technology Group stock traded up $4.40 during midday trading on Friday, hitting $22.50. The stock had a trading volume of 29,258 shares, compared to its average volume of 177,620. Alpha Technology Group has a 52-week low of $1.15 and a 52-week high of $57.32. The firm's fifty day moving average is $21.03 and its two-hundred day moving average is $12.48. The company has a current ratio of 6.37, a quick ratio of 6.37 and a debt-to-equity ratio of 0.01.

Institutional Trading of Alpha Technology Group

An institutional investor recently bought a new position in Alpha Technology Group stock. Citadel Advisors LLC bought a new position in Alpha Technology Group Limited (NASDAQ:ATGL - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 11,313 shares of the company's stock, valued at approximately $159,000. Citadel Advisors LLC owned 0.07% of Alpha Technology Group as of its most recent filing with the SEC.

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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