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

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

Alpha Technology Group Price Performance

ATGL opened at $16.75 on Monday. The business has a 50 day simple moving average of $13.90 and a 200-day simple moving average of $7.61. Alpha Technology Group has a 12 month low of $1.15 and a 12 month high of $19.60.

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.