Alpha Technology Group Limited (NASDAQ:ATGL) Sees Large Growth in Short Interest

Alpha Technology Group Limited (NASDAQ:ATGL) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 53,000 shares, an increase of 62.6% from the February 29th total of 32,600 shares. Based on an average daily volume of 27,900 shares, the days-to-cover ratio is presently 1.9 days.

Alpha Technology Group Stock Performance

Shares of NASDAQ:ATGL traded up $0.10 during midday trading on Friday, reaching $2.99. 20,144 shares of the company traded hands, compared to its average volume of 12,025. Alpha Technology Group has a 12 month low of $2.67 and a 12 month high of $31.57. The business’s fifty day moving average price is $7.97.

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.