Metalpha Technology Holding Limited (NASDAQ:MATH) Sees Significant Increase in Short Interest

Metalpha Technology Holding Limited (NASDAQ:MATH) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 22,400 shares, a growth of 409.1% from the October 31st total of 4,400 shares. Based on an average daily trading volume, of 23,100 shares, the short-interest ratio is presently 1.0 days. Approximately 0.1% of the company’s stock are sold short.

Metalpha Technology Trading Down 7.2 %

Shares of NASDAQ:MATH traded down $0.07 during trading on Friday, reaching $0.90. 38,927 shares of the stock traded hands, compared to its average volume of 22,916. The stock has a 50-day moving average of $1.15 and a two-hundred day moving average of $1.24. Metalpha Technology has a 52-week low of $0.80 and a 52-week high of $2.27.

Metalpha Technology Company Profile

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.