Metalpha Technology Holding Limited (NASDAQ:MATH) Sees Large Decline in Short Interest

Metalpha Technology Holding Limited (NASDAQ:MATH - Get Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 63,900 shares, a decrease of 20.0% from the January 15th total of 79,900 shares. Approximately 0.3% of the company's shares are sold short. Based on an average trading volume of 72,300 shares, the short-interest ratio is presently 0.9 days.

Metalpha Technology Stock Performance

Shares of Metalpha Technology stock traded down $0.24 during trading on Wednesday, reaching $2.38. 190,856 shares of the stock were exchanged, compared to its average volume of 207,536. Metalpha Technology has a 1 year low of $0.80 and a 1 year high of $2.78. The stock's fifty day moving average is $1.47 and its 200 day moving average is $1.25.

Metalpha Technology Company Profile

Metalpha Technology Holding Limited, together with its subsidiaries, provides wealth management services in Hong Kong. The company offers digital asset-based wealth management services, which include issuing traditional financial and cryptocurrency derivative products to over-the-counter clients, providing crypto derivative market making services, and proprietary trading of digital assets and crypto derivative products; and securities advising and asset management services.