Alpha Technology Group Limited (NASDAQ:ATGL) Short Interest Down 36.9% in October

Alpha Technology Group Limited (NASDAQ:ATGL) saw a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 155,100 shares, a decline of 36.9% from the October 15th total of 245,800 shares. Based on an average daily volume of 577,300 shares, the days-to-cover ratio is currently 0.3 days. Currently, 3.6% of the shares of the company are sold short.

Alpha Technology Group Trading Up 5.4 %

Alpha Technology Group stock opened at $9.71 on Friday. The business’s 50 day simple moving average is $6.04 and its 200 day simple moving average is $4.14. Alpha Technology Group has a 12 month low of $1.15 and a 12 month high of $31.57.

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.