Short Interest in Alpha Technology Group Limited (NASDAQ:ATGL) Declines By 8.4%

Alpha Technology Group Limited (NASDAQ:ATGL) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 85,800 shares, a decline of 8.4% from the December 15th total of 93,700 shares. Approximately 2.0% of the shares of the company are sold short. Based on an average daily volume of 103,600 shares, the short-interest ratio is presently 0.8 days.

Alpha Technology Group Stock Up 2.4 %

Shares of NASDAQ:ATGL traded up $0.40 on Friday, reaching $16.75. 10,491 shares of the company’s stock were exchanged, compared to its average volume of 30,655. Alpha Technology Group has a fifty-two week low of $1.15 and a fifty-two week high of $19.60. The business’s 50-day moving average is $13.90 and its two-hundred day moving average is $7.57.

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.