Short Interest in Alpha Technology Group Limited (NASDAQ:ATGL) Decreases By 8.4%

Alpha Technology Group Limited (NASDAQ:ATGL) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 85,800 shares, a decline of 8.4% from the December 31st total of 93,700 shares. Based on an average trading volume of 103,600 shares, the days-to-cover ratio is presently 0.8 days. Currently, 2.0% of the shares of the company are short sold.

Alpha Technology Group Price Performance

ATGL traded up $1.20 during trading on Friday, reaching $15.92. The company’s stock had a trading volume of 20,476 shares, compared to its average volume of 14,367. The company’s fifty day moving average price is $14.87 and its 200-day moving average price is $8.49. Alpha Technology Group has a 52-week low of $1.15 and a 52-week high of $19.60.

Alpha Technology Group Company Profile

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.