Alpha Technology Group Limited (NASDAQ:ATGL) Sees Significant Decrease in Short Interest

Alpha Technology Group Limited (NASDAQ:ATGL) was the target of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 119,400 shares, a drop of 23.0% from the October 31st total of 155,100 shares. Currently, 2.8% of the company’s shares are short sold. Based on an average daily trading volume, of 591,700 shares, the short-interest ratio is currently 0.2 days.

Alpha Technology Group Trading Up 6.3 %

Shares of NASDAQ ATGL traded up $0.94 during trading on Friday, reaching $15.84. The stock had a trading volume of 36,156 shares, compared to its average volume of 187,445. The business’s 50-day moving average price is $8.58 and its 200-day moving average price is $4.85. Alpha Technology Group has a fifty-two week low of $1.15 and a fifty-two week high of $19.80.

Alpha Technology Group Company Profile

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.