Metalpha Technology Holding Limited (NASDAQ:MATH) Sees Large Decrease in Short Interest

Metalpha Technology Holding Limited (NASDAQ:MATH) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 5,500 shares, a drop of 28.6% from the August 15th total of 7,700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 11,100 shares, the short-interest ratio is currently 0.5 days.

Metalpha Technology Price Performance

Shares of MATH opened at $1.18 on Friday. The firm has a fifty day moving average of $1.21 and a 200-day moving average of $1.40. Metalpha Technology has a 1 year low of $0.80 and a 1 year high of $2.27.

About Metalpha Technology

Metalpha Technology Holding Limited, together with its subsidiaries, provides wealth management services in Hong Kong. The company offers digital asset-based wealth management services, which include issuing traditional financial and cryptocurrency derivative products to over-the-counter clients, providing crypto derivative market making services, and proprietary trading of digital assets and crypto derivative products; and securities advising and asset management services.