Short Interest in AlphaTime Acquisition Corp (NASDAQ:ATMC) Expands By 100.0%

AlphaTime Acquisition Corp (NASDAQ:ATMC) 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 trading volume, of 13,300 shares, the short-interest ratio is currently 0.0 days.

AlphaTime Acquisition Stock Up 1.0 %

NASDAQ:ATMC opened at $11.53 on Wednesday. AlphaTime Acquisition has a 1-year low of $10.77 and a 1-year high of $11.86. The company has a 50-day moving average of $11.34 and a 200 day moving average of $11.24.

Institutional Investors Weigh In On AlphaTime Acquisition

A hedge fund recently raised its stake in AlphaTime Acquisition stock. Mizuho Securities USA LLC boosted its stake in shares of AlphaTime Acquisition Corp (NASDAQ:ATMC) by 64.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 505,896 shares of the company’s stock after buying an additional 198,896 shares during the period. Mizuho Securities USA LLC owned 7.36% of AlphaTime Acquisition worth $5,656,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 82.24% of the company’s stock.

AlphaTime Acquisition Company Profile

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.