Shares of AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH – Get Free Report) rose 53.4% on Friday . The company traded as high as $0.42 and last traded at $0.39. Approximately 275,305,949 shares were traded during trading, an increase of 3,747% from the average daily volume of 7,156,714 shares. The stock had previously closed at $0.25.
AtlasClear Trading Up 53.4%
The stock has a fifty day moving average of $0.20 and a two-hundred day moving average of $0.58.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in AtlasClear stock. Cutter & CO Brokerage Inc. bought a new position in shares of AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH – Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 48,540 shares of the company’s stock, valued at approximately $33,000. Cutter & CO Brokerage Inc. owned approximately 12.45% of AtlasClear as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 47.57% of the company’s stock.
AtlasClear Company Profile
AtlasClear Holdings, Inc engages in the provision of banking and clearing services to other financial services firms. The company was founded on October 13, 2022 and is headquartered in Tampa, FL.
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