reAlpha Tech Corp. (NASDAQ:AIRE - Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 598,400 shares, a decrease of 13.5% from the February 28th total of 691,700 shares. Based on an average daily volume of 2,570,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 4.9% of the shares of the stock are short sold.
Institutional Trading of reAlpha Tech
An institutional investor recently raised its position in reAlpha Tech stock. Geode Capital Management LLC raised its holdings in reAlpha Tech Corp. (NASDAQ:AIRE - Free Report) by 17.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 85,394 shares of the company's stock after acquiring an additional 12,435 shares during the period. Geode Capital Management LLC owned 0.19% of reAlpha Tech worth $247,000 at the end of the most recent reporting period. 1.02% of the stock is owned by hedge funds and other institutional investors.
reAlpha Tech Price Performance
AIRE stock traded down $0.03 on Friday, reaching $1.04. The company had a trading volume of 127,895 shares, compared to its average volume of 1,290,598. The company's fifty day moving average is $1.48 and its 200 day moving average is $1.41. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.03 and a quick ratio of 1.03. reAlpha Tech has a 1 year low of $0.53 and a 1 year high of $4.49.
About reAlpha Tech
(
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reAlpha Tech Corp., a real estate technology company, commercializes artificial intelligence (AI)-powered technologies. The company operates in two segments, Platform Services and Rental Business. The company offers and develops AI-based products and services to customers in the real-estate industry.
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