AlphaTime Acquisition Corp (NASDAQ:ATMC - Get Free Report) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 200 shares, an increase of 100.0% from the December 31st total of 100 shares. Based on an average daily volume of 13,300 shares, the days-to-cover ratio is currently 0.0 days.
AlphaTime Acquisition Stock Performance
NASDAQ:ATMC traded up $0.07 on Friday, hitting $11.49. 505 shares of the stock were exchanged, compared to its average volume of 1,251. AlphaTime Acquisition has a 52 week low of $10.77 and a 52 week high of $11.86. The company's 50-day moving average price is $11.36 and its 200 day moving average price is $11.25.
Institutional Investors Weigh In On AlphaTime Acquisition
An institutional investor recently raised its position in AlphaTime Acquisition stock. Mizuho Securities USA LLC raised its holdings in shares of AlphaTime Acquisition Corp (NASDAQ:ATMC - Free Report) by 64.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 505,896 shares of the company's stock after acquiring an additional 198,896 shares during the period. Mizuho Securities USA LLC owned approximately 7.36% of AlphaTime Acquisition worth $5,656,000 at the end of the most recent reporting period. 82.24% of the stock is currently owned by institutional investors.
AlphaTime Acquisition Company Profile
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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.
Further Reading
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