Alpha Technology Group Limited (NASDAQ:ATGL) Short Interest Up 62.6% in March

Alpha Technology Group Limited (NASDAQ:ATGL) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 53,000 shares, an increase of 62.6% from the February 29th total of 32,600 shares. Based on an average daily volume of 27,900 shares, the short-interest ratio is presently 1.9 days.

Alpha Technology Group Price Performance

Shares of Alpha Technology Group stock traded up $0.10 during trading on Friday, hitting $2.99. 20,144 shares of the company’s stock were exchanged, compared to its average volume of 12,025. The firm’s 50-day simple moving average is $7.97. Alpha Technology Group has a 52-week low of $2.67 and a 52-week 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.