Alpha Technology Group Limited (NASDAQ:ATGL) Sees Large Increase in Short Interest

Alpha Technology Group Limited (NASDAQ:ATGL) saw a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 56,500 shares, an increase of 6.6% from the March 15th total of 53,000 shares. Based on an average trading volume of 19,900 shares, the days-to-cover ratio is presently 2.8 days.

Alpha Technology Group Stock Down 6.3 %

NASDAQ:ATGL opened at $2.23 on Thursday. Alpha Technology Group has a 1-year low of $2.02 and a 1-year high of $31.57. The business has a 50-day simple moving average of $4.88. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.05.

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.