Alpha Technology Group Limited (NASDAQ:ATGL) Short Interest Down 9.0% in January

Alpha Technology Group Limited (NASDAQ:ATGL) was the target of a significant drop in short interest during the month of January. As of January 31st, there was short interest totalling 60,800 shares, a drop of 9.0% from the January 15th total of 66,800 shares. Currently, 1.4% of the company’s shares are sold short. Based on an average daily volume of 46,300 shares, the short-interest ratio is presently 1.3 days.

Alpha Technology Group Stock Performance

Shares of NASDAQ ATGL opened at $26.57 on Monday. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.37 and a quick ratio of 6.37. Alpha Technology Group has a 1 year low of $1.15 and a 1 year high of $27.61. The firm has a 50-day simple moving average of $15.96 and a two-hundred day simple moving average of $9.64.

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.