AlphaTime Acquisition Corp (NASDAQ:ATMC) Short Interest Update

AlphaTime Acquisition Corp (NASDAQ:ATMC) saw a large drop in short interest in October. As of October 31st, there was short interest totalling 100 shares, a drop of 96.9% from the October 15th total of 3,200 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is currently 0.0 days.

AlphaTime Acquisition Price Performance

Shares of NASDAQ ATMC opened at $11.29 on Thursday. The business has a 50 day simple moving average of $11.23 and a 200 day simple moving average of $11.14. AlphaTime Acquisition has a 52 week low of $10.70 and a 52 week high of $11.86.

Institutional Trading of AlphaTime Acquisition

Large investors have recently added to or reduced their stakes in the business. Mizuho Securities USA LLC lifted its stake in shares of AlphaTime Acquisition by 64.8% in the 3rd quarter. Mizuho Securities USA LLC now owns 505,896 shares of the company’s stock valued at $5,656,000 after purchasing an additional 198,896 shares during the last quarter. Berkley W R Corp raised its holdings in AlphaTime Acquisition by 93.5% during the second quarter. Berkley W R Corp now owns 325,793 shares of the company’s stock valued at $3,607,000 after buying an additional 157,436 shares in the last quarter. Wolverine Asset Management LLC lifted its position in shares of AlphaTime Acquisition by 41.9% in the second quarter. Wolverine Asset Management LLC now owns 437,933 shares of the company’s stock worth $4,848,000 after buying an additional 129,335 shares during the last quarter. Finally, Shaolin Capital Management LLC boosted its stake in shares of AlphaTime Acquisition by 10.1% during the 1st quarter. Shaolin Capital Management LLC now owns 165,100 shares of the company’s stock worth $1,806,000 after acquiring an additional 15,100 shares in the last quarter. 82.24% of the stock is owned by institutional investors.

AlphaTime Acquisition Company Profile

AlphaTime Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.