Antalpha Platform Holding Company (NASDAQ:ANTA) Short Interest Update

Antalpha Platform Holding Company (NASDAQ:ANTA) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totaling 23,566 shares, a growth of 231.1% from the March 31st total of 7,117 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 14,405 shares, the days-to-cover ratio is currently 1.6 days.

Antalpha Platform Trading Down 1.5%

ANTA stock opened at $9.36 on Monday. The company has a market capitalization of $216.19 million and a PE ratio of 13.18. Antalpha Platform has a one year low of $6.25 and a one year high of $27.72. The company’s 50 day moving average price is $8.14 and its two-hundred day moving average price is $9.35. The company has a debt-to-equity ratio of 3.56, a quick ratio of 1.16 and a current ratio of 1.16.

Antalpha Platform (NASDAQ:ANTA) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.21 by $0.14. The firm had revenue of $28.01 million for the quarter, compared to the consensus estimate of $26.67 million. Antalpha Platform had a net margin of 23.21% and a return on equity of 18.58%. As a group, analysts predict that Antalpha Platform will post 0.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, B. Riley Financial lowered their target price on shares of Antalpha Platform from $14.00 to $10.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $10.00.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. State of Wyoming bought a new position in shares of Antalpha Platform in the third quarter worth approximately $184,000. Oxford Asset Management LLP bought a new position in shares of Antalpha Platform in the second quarter worth approximately $143,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Antalpha Platform in the second quarter worth approximately $31,000.

About Antalpha Platform

Antalpha provides financing, technology and risk management solutions to the digital asset industry. As the primary lending partner for Bitmain, we are a provider of supply chain financing solutions to institutional and corporate participants in the Bitcoin mining industry, offering loans secured by Bitcoin and Bitcoin mining machines. We have developed a technology platform, Antalpha Prime, which enables our customers to apply for and manage their digital asset loans while allowing us to closely monitor collateral positions.