As of March 15th, Alpha Technology Group Limited (NASDAQ: ATGL) experienced a significant increase in short interest. The total number of shares with short interest grew by 62.6% from 32,600 shares on February 29th to 53,000 shares. The days-to-cover ratio, based on an average daily volume of 27,900 shares, is currently 1.9 days.
On Friday, the trading of Alpha Technology Group saw an increase of 3.5%. Shares of NASDAQ: ATGL opened at $2.99 and have a range for the day that goes from $2.67 to $31.57. The stock’s current moving average over the past 50 days is at $7.52.
Alpha Technology Group provides cloud-based information technology services through its subsidiaries based in Hong Kong. The company specializes in offering 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 among others. If you want to stay updated on news and ratings for Alpha Technology Group you can subscribe to receive a daily summary of the latest information and analyst ratings through MarketBeat’s free email newsletter
