Alpha Technology Group Limited (NASDAQ: ATGL) has experienced a significant increase in short interest in March. By March 15th, the total short interest was 53,000 shares, which is a 62.6% increase from the February 29th total of 32,600 shares. With an average daily trading volume of 27,900 shares, the days-to-cover ratio is currently 1.9 days.
On Friday, shares of NASDAQ: ATGL opened at $2.99. The stock has traded between a low of $2.67 and a high of $31.57 over the past year, with a current 50-day moving average price of $7.52.
Alpha Technology Group Limited operates through its subsidiaries and offers cloud-based information technology services in Hong Kong. The company specializes in providing cloud-based and customizable customer relationship management and enterprise resource planning systems, web and mobile application development services, artificial intelligence-powered optical character recognition services, and technical support and maintenance services.
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