Alpha Technology Group Limited (NASDAQ:ATGL) Short Interest Update

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

Alpha Technology Group Price Performance

Shares of ATGL stock traded down $0.16 on Monday, reaching $15.75. 7,154 shares of the company’s stock traded hands, compared to its average volume of 15,131. The business’s 50 day moving average price is $14.87 and its two-hundred day moving average price is $8.55. The company has a debt-to-equity ratio of 0.01, a quick ratio of 6.37 and a current ratio of 6.37. Alpha Technology Group has a 12-month low of $1.15 and a 12-month high of $19.60.

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.