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

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

Alpha Technology Group Stock Up 6.3 %

NASDAQ:ATGL traded up $0.94 during mid-day trading on Friday, reaching $15.84. The company’s stock had a trading volume of 36,158 shares, compared to its average volume of 187,445. The stock has a fifty day moving average of $8.58 and a 200-day moving average of $4.85. Alpha Technology Group has a 1 year low of $1.15 and a 1 year high of $19.80.

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.