Short Interest in AlphaTime Acquisition Corp (NASDAQ:ATMCR) Increases By 131.6%

AlphaTime Acquisition Corp (NASDAQ:ATMCR) was the target of a significant increase in short interest in September. As of September 15th, there was short interest totaling 22,000 shares, an increase of 131.6% from the August 31st total of 9,500 shares. Based on an average daily trading volume, of 23,000 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 23,000 shares, the days-to-cover ratio is presently 1.0 days.

AlphaTime Acquisition Stock Performance

AlphaTime Acquisition stock opened at $0.28 on Friday. AlphaTime Acquisition has a 1 year low of $0.11 and a 1 year high of $0.30. The firm has a 50 day moving average price of $0.28 and a 200 day moving average price of $0.21.

About AlphaTime Acquisition

AlphaTime Acquisition Corp 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.