Alpha Technology Group Limited (NASDAQ:ATGL) Short Interest Update

Alpha Technology Group Limited (NASDAQ:ATGL) saw a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 60,800 shares, a drop of 9.0% from the January 15th total of 66,800 shares. Based on an average daily trading volume, of 46,300 shares, the short-interest ratio is presently 1.3 days. Approximately 1.4% of the shares of the company are short sold.

Institutional Trading of Alpha Technology Group

A hedge fund recently bought a new stake in Alpha Technology Group stock. Citadel Advisors LLC purchased a new position in Alpha Technology Group Limited (NASDAQ:ATGL) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 11,313 shares of the company’s stock, valued at approximately $159,000. Citadel Advisors LLC owned about 0.07% of Alpha Technology Group at the end of the most recent quarter.

Alpha Technology Group Trading Up 14.8 %

NASDAQ:ATGL opened at $30.50 on Wednesday. The company has a quick ratio of 6.37, a current ratio of 6.37 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $16.27 and its two-hundred day moving average is $9.85. Alpha Technology Group has a 52 week low of $1.15 and a 52 week high of $33.00.

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.