Alpha Technology Group Limited (NASDAQ:ATGL) Short Interest Down 50.0% in October

Alpha Technology Group Limited (NASDAQ:ATGL) was the target of a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 245,800 shares, a decrease of 50.0% from the September 30th total of 491,700 shares. Based on an average daily volume of 526,000 shares, the short-interest ratio is currently 0.5 days. Currently, 5.7% of the shares of the company are sold short.

Alpha Technology Group Stock Up 8.2 %

Alpha Technology Group stock opened at $10.44 on Friday. The stock has a 50-day moving average price of $3.83 and a 200 day moving average price of $3.41. Alpha Technology Group has a 52 week low of $1.15 and a 52 week high of $31.57.

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.