Metalpha Technology Holding Limited (NASDAQ:MATH) Short Interest Down 20.0% in January

Metalpha Technology Holding Limited (NASDAQ:MATH) saw a significant drop in short interest in January. As of January 31st, there was short interest totalling 63,900 shares, a drop of 20.0% from the January 15th total of 79,900 shares. Based on an average daily trading volume, of 72,300 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.3% of the shares of the stock are short sold.

Metalpha Technology Stock Performance

Shares of NASDAQ:MATH traded up $0.34 during midday trading on Friday, reaching $2.70. The company’s stock had a trading volume of 848,825 shares, compared to its average volume of 55,284. Metalpha Technology has a fifty-two week low of $0.80 and a fifty-two week high of $2.77. The business’s fifty day simple moving average is $1.44 and its 200-day simple moving average is $1.24.

About Metalpha Technology

Metalpha Technology Holding Limited, together with its subsidiaries, provides wealth management services in Hong Kong. The company offers digital asset-based wealth management services, which include issuing traditional financial and cryptocurrency derivative products to over-the-counter clients, providing crypto derivative market making services, and proprietary trading of digital assets and crypto derivative products; and securities advising and asset management services.