Alpha Technology Group Limited (NASDAQ:ATGL) Short Interest Down 8.4% in December

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

Alpha Technology Group Price Performance

ATGL stock opened at $16.75 on Friday. Alpha Technology Group has a 52 week low of $1.15 and a 52 week high of $19.60. The firm has a 50-day simple moving average of $13.75 and a 200-day simple moving average of $7.47.

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.