AlphaTime Acquisition Corp (NASDAQ:ATMC) Short Interest Update

AlphaTime Acquisition Corp (NASDAQ:ATMC) saw a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 2,300 shares, a growth of 130.0% from the July 31st total of 1,000 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 7,700 shares, the short-interest ratio is presently 0.3 days.

AlphaTime Acquisition Price Performance

Shares of NASDAQ ATMC opened at $11.18 on Wednesday. AlphaTime Acquisition has a fifty-two week low of $10.46 and a fifty-two week high of $11.86. The firm’s 50-day simple moving average is $11.11 and its 200 day simple moving average is $11.02.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ATMC. Glazer Capital LLC raised its position in AlphaTime Acquisition by 0.3% in the 4th quarter. Glazer Capital LLC now owns 621,061 shares of the company’s stock valued at $6,664,000 after buying an additional 2,145 shares during the last quarter. Mizuho Securities USA LLC grew its stake in shares of AlphaTime Acquisition by 94.3% in the 4th quarter. Mizuho Securities USA LLC now owns 250,000 shares of the company’s stock worth $2,680,000 after acquiring an additional 121,325 shares in the last quarter. Quarry LP purchased a new stake in shares of AlphaTime Acquisition in the fourth quarter valued at about $536,000. Berkley W R Corp lifted its position in shares of AlphaTime Acquisition by 27.1% during the first quarter. Berkley W R Corp now owns 168,357 shares of the company’s stock valued at $1,842,000 after purchasing an additional 35,849 shares in the last quarter. Finally, Shaolin Capital Management LLC boosted its holdings in AlphaTime Acquisition by 8.7% during the second quarter. Shaolin Capital Management LLC now owns 179,477 shares of the company’s stock worth $1,987,000 after purchasing an additional 14,377 shares during the last quarter. Institutional investors own 82.24% of the company’s stock.

About AlphaTime Acquisition

AlphaTime Acquisition Corp intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.