AlphaTime Acquisition Corp (NASDAQ:ATMC) Short Interest Update

AlphaTime Acquisition Corp (NASDAQ:ATMC - Get Free Report) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 800 shares, an increase of 700.0% from the January 15th total of 100 shares. Based on an average daily trading volume, of 13,400 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AlphaTime Acquisition stock. Mizuho Securities USA LLC raised its holdings in shares of AlphaTime Acquisition Corp (NASDAQ:ATMC - Free Report) by 64.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 505,896 shares of the company's stock after purchasing an additional 198,896 shares during the period. Mizuho Securities USA LLC owned 7.36% of AlphaTime Acquisition worth $5,656,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 82.24% of the company's stock.

AlphaTime Acquisition Stock Up 0.1 %

Shares of ATMC traded up $0.01 on Friday, hitting $11.48. The company's stock had a trading volume of 301 shares, compared to its average volume of 1,207. The company has a 50 day moving average price of $11.39 and a 200 day moving average price of $11.28. AlphaTime Acquisition has a fifty-two week low of $10.83 and a fifty-two week high of $11.86.

About AlphaTime Acquisition

AlphaTime Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.