Alpha Technology Group Limited (NASDAQ:ATGL) Short Interest Update

Alpha Technology Group Limited (NASDAQ:ATGL) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 40,500 shares, a decline of 21.7% from the February 28th total of 51,700 shares. Based on an average daily volume of 28,500 shares, the days-to-cover ratio is presently 1.4 days. Currently, 1.5% of the company’s stock are sold short.

Hedge Funds Weigh In On Alpha Technology Group

An institutional investor recently bought a new position in Alpha Technology Group stock. Citadel Advisors LLC bought a new stake in Alpha Technology Group Limited (NASDAQ:ATGL) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 11,313 shares of the company’s stock, valued at approximately $159,000. Citadel Advisors LLC owned 0.07% of Alpha Technology Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Alpha Technology Group Stock Performance

Shares of ATGL stock opened at $26.86 on Tuesday. Alpha Technology Group has a 12 month low of $1.15 and a 12 month high of $57.32. The company has a current ratio of 6.37, a quick ratio of 6.37 and a debt-to-equity ratio of 0.01. The business’s 50 day moving average is $25.02 and its two-hundred day moving average is $15.58.

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.