AlphaTime Acquisition Corp (NASDAQ:ATMC - Get Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 200 shares, an increase of 100.0% from the December 15th total of 100 shares. Based on an average trading volume of 13,300 shares, the short-interest ratio is presently 0.0 days.
Hedge Funds Weigh In On AlphaTime Acquisition
A number of hedge funds have recently made changes to their positions in ATMC. Shaolin Capital Management LLC increased its holdings in AlphaTime Acquisition by 8.7% during the 2nd quarter. Shaolin Capital Management LLC now owns 179,477 shares of the company's stock worth $1,987,000 after purchasing an additional 14,377 shares during the last quarter. Berkley W R Corp raised its holdings in AlphaTime Acquisition by 93.5% in the second quarter. Berkley W R Corp now owns 325,793 shares of the company's stock valued at $3,607,000 after acquiring an additional 157,436 shares in the last quarter. Finally, Mizuho Securities USA LLC grew its holdings in AlphaTime Acquisition by 64.8% during the 3rd quarter. Mizuho Securities USA LLC now owns 505,896 shares of the company's stock worth $5,656,000 after acquiring an additional 198,896 shares in the last quarter. Hedge funds and other institutional investors own 82.24% of the company's stock.
AlphaTime Acquisition Stock Performance
NASDAQ ATMC remained flat at $11.32 during mid-day trading on Tuesday. 2 shares of the company traded hands, compared to its average volume of 350. AlphaTime Acquisition has a 52-week low of $10.77 and a 52-week high of $11.86. The company has a 50-day moving average price of $11.33 and a two-hundred day moving average price of $11.23.
AlphaTime Acquisition Company Profile
(
Get Free Report)
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.
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