reAlpha Tech Corp. (NASDAQ:AIRE) Short Interest Update

reAlpha Tech Corp. (NASDAQ:AIRE) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 514,500 shares, a growth of 5.2% from the March 15th total of 489,300 shares. Based on an average daily volume of 1,100,000 shares, the short-interest ratio is presently 0.5 days. Currently, 4.9% of the company’s stock are short sold.

reAlpha Tech Trading Down 12.0 %

NASDAQ AIRE opened at $0.75 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.87 and a current ratio of 0.87. reAlpha Tech has a 12-month low of $0.67 and a 12-month high of $575.41. The firm has a 50 day simple moving average of $1.32.

Institutional Trading of reAlpha Tech

An institutional investor recently bought a new position in reAlpha Tech stock. Vanguard Group Inc. acquired a new stake in reAlpha Tech Corp. (NASDAQ:AIRE) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 57,800 shares of the company’s stock, valued at approximately $115,000. Vanguard Group Inc. owned about 0.13% of reAlpha Tech as of its most recent SEC filing. 1.02% of the stock is currently owned by institutional investors and hedge funds.

reAlpha Tech Company Profile

reAlpha Tech Corp., a real estate technology company, focuses on developing, utilizing, and commercializing real-estate focused artificial intelligence (AI). The company operates in two segments, Platform Services and Rental Business. The Platform Services segment offers and develops AI-based products and services to customers in the real-estate industry.