Short Interest in Alpha Technology Group Limited (NASDAQ:ATGL) Decreases By 8.4%

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

Alpha Technology Group Price Performance

Shares of ATGL stock traded down $0.59 on Monday, hitting $15.32. The company’s stock had a trading volume of 7,493 shares, compared to its average volume of 15,147. The company has a quick ratio of 6.37, a current ratio of 6.37 and a debt-to-equity ratio of 0.01. Alpha Technology Group has a fifty-two week low of $1.15 and a fifty-two week high of $19.60. The firm’s fifty day moving average price is $14.87 and its 200-day moving average price is $8.55.

Alpha Technology Group Company Profile

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.