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

Alpha Technology Group Limited (NASDAQ:ATGL - Get Free Report) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 85,800 shares, a drop of 8.4% from the December 15th total of 93,700 shares. Based on an average daily trading volume, of 103,600 shares, the days-to-cover ratio is presently 0.8 days. Approximately 2.0% of the shares of the company are short sold.

Alpha Technology Group Stock Up 2.4 %

Shares of Alpha Technology Group stock traded up $0.40 during trading on Friday, hitting $16.75. 10,491 shares of the stock were exchanged, compared to its average volume of 30,655. Alpha Technology Group has a 12 month low of $1.15 and a 12 month high of $19.60. The stock's fifty day moving average is $13.90 and its 200 day moving average is $7.57.

About Alpha Technology Group

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.