Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 40,500 shares, a decline of 21.7% from the February 28th total of 51,700 shares. Approximately 1.5% of the company's shares are sold short. Based on an average trading volume of 28,500 shares, the days-to-cover ratio is presently 1.4 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Alpha Technology Group stock. Citadel Advisors LLC bought a new position in Alpha Technology Group Limited (NASDAQ:ATGL - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 11,313 shares of the company's stock, valued at approximately $159,000. Citadel Advisors LLC owned approximately 0.07% of Alpha Technology Group at the end of the most recent reporting period.
Alpha Technology Group Price Performance
Alpha Technology Group stock traded down $1.44 during mid-day trading on Friday, hitting $31.90. The company's stock had a trading volume of 9,497 shares, compared to its average volume of 177,605. Alpha Technology Group has a one year low of $1.15 and a one year high of $57.32. The company has a 50 day moving average of $26.20 and a 200-day moving average of $16.20. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.37 and a current ratio of 6.37.
About Alpha Technology Group
(
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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.
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