Atlantic International Corp. (NASDAQ:ATLN) Short Interest Down 28.7% in February

Atlantic International Corp. (NASDAQ:ATLN) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 154,678 shares, a decrease of 28.7% from the January 29th total of 217,027 shares. Based on an average daily volume of 56,393 shares, the days-to-cover ratio is currently 2.7 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 56,393 shares, the days-to-cover ratio is currently 2.7 days.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Atlantic International in a research report on Wednesday, January 21st. LADENBURG THALM/SH SH raised Atlantic International to a “strong-buy” rating in a research report on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Atlantic International Stock Up 6.1%

ATLN opened at $3.15 on Monday. Atlantic International has a 12-month low of $1.16 and a 12-month high of $6.50. The business has a 50 day moving average of $2.62 and a 200-day moving average of $2.86. The stock has a market cap of $184.37 million, a price-to-earnings ratio of -1.41 and a beta of 1.25.

Hedge Funds Weigh In On Atlantic International

Several institutional investors and hedge funds have recently modified their holdings of the stock. Strs Ohio bought a new position in shares of Atlantic International in the third quarter valued at about $106,000. New York State Common Retirement Fund acquired a new position in Atlantic International in the 2nd quarter valued at about $97,000. Deutsche Bank AG raised its holdings in Atlantic International by 232.1% in the 4th quarter. Deutsche Bank AG now owns 50,817 shares of the company’s stock valued at $68,000 after acquiring an additional 35,513 shares during the period. State Street Corp lifted its position in Atlantic International by 9.4% during the fourth quarter. State Street Corp now owns 103,859 shares of the company’s stock worth $138,000 after acquiring an additional 8,959 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Atlantic International by 112.2% during the second quarter. Geode Capital Management LLC now owns 245,077 shares of the company’s stock worth $498,000 after acquiring an additional 129,572 shares during the period.

About Atlantic International

Atlantic International (NASDAQ: ATLN) is a specialty finance real estate investment trust focused on providing flexible capital solutions to U.S.-based, growth-oriented businesses. Through its externally managed structure, the company targets a diversified portfolio of debt and equity investments in micro-, small- and mid-cap enterprises operating across technology, healthcare, consumer internet, business services and other high-growth sectors. Atlantic International seeks to deliver current income and potential capital appreciation by structuring customized financing arrangements tailored to the needs of underserved companies.

The company’s investment strategy emphasizes middle-market firms that demonstrate strong growth trajectories and scalable business models.