AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH) Short Interest Update

AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH) was the target of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 16,307,273 shares, a growth of 36.0% from the January 29th total of 11,993,935 shares. Based on an average daily volume of 8,807,753 shares, the days-to-cover ratio is currently 1.9 days. Approximately 12.5% of the company’s stock are short sold. Approximately 12.5% of the company’s stock are short sold. Based on an average daily volume of 8,807,753 shares, the days-to-cover ratio is currently 1.9 days.

AtlasClear Stock Performance

ATCH stock traded up $0.00 during mid-day trading on Wednesday, reaching $0.21. The company had a trading volume of 1,857,193 shares, compared to its average volume of 5,720,322. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.65. AtlasClear has a 52 week low of $0.14 and a 52 week high of $2.05. The stock has a 50 day simple moving average of $0.25 and a two-hundred day simple moving average of $0.34.

AtlasClear (NYSEAMERICAN:ATCH) last issued its earnings results on Friday, February 13th. The company reported $0.05 earnings per share for the quarter. AtlasClear had a net margin of 12.08% and a return on equity of 90.79%.

Institutional Trading of AtlasClear

A number of hedge funds have recently modified their holdings of ATCH. Geode Capital Management LLC lifted its position in AtlasClear by 740.6% during the fourth quarter. Geode Capital Management LLC now owns 1,179,315 shares of the company’s stock worth $296,000 after acquiring an additional 1,039,013 shares during the last quarter. Jane Street Group LLC grew its holdings in AtlasClear by 1,823.2% in the 4th quarter. Jane Street Group LLC now owns 921,251 shares of the company’s stock valued at $231,000 after buying an additional 873,348 shares in the last quarter. Virtu Financial LLC bought a new position in AtlasClear during the 3rd quarter worth $142,000. HighTower Advisors LLC grew its stake in shares of AtlasClear by 42.8% in the fourth quarter. HighTower Advisors LLC now owns 813,900 shares of the company’s stock valued at $204,000 after acquiring an additional 243,900 shares in the last quarter. Finally, Prospera Financial Services Inc acquired a new stake in AtlasClear in the 3rd quarter worth about $63,000. Institutional investors and hedge funds own 47.57% of the company’s stock.

AtlasClear Company Profile

AtlasClear, Inc (NYSE American: ATCH) is a financial technology and market-services company focused on the execution and clearing of equity-linked derivatives in the United States. Through its registered broker-dealer and clearing subsidiary, Atlas Clearing, LLC, the firm operates a dedicated trading venue for covered warrants and warrant-like instruments. The platform is designed to deliver efficient trade execution, enhanced liquidity and robust price discovery for institutional investors.

The company’s core offerings include proprietary market-making strategies, electronic order matching and centralized post-trade clearing services.