AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH) Short Interest Up 22.7% in January

AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 11,993,935 shares, an increase of 22.7% from the January 15th total of 9,771,854 shares. Currently, 9.5% of the shares of the company are sold short. Based on an average trading volume of 5,457,252 shares, the short-interest ratio is presently 2.2 days. Based on an average trading volume of 5,457,252 shares, the short-interest ratio is presently 2.2 days. Currently, 9.5% of the shares of the company are sold short.

Institutional Investors Weigh In On AtlasClear

Several institutional investors have recently made changes to their positions in ATCH. Fairway Wealth LLC purchased a new position in shares of AtlasClear in the 3rd quarter valued at about $26,000. Diversify Wealth Management LLC acquired a new position in AtlasClear during the third quarter worth about $31,000. Prospera Financial Services Inc purchased a new position in AtlasClear in the third quarter valued at about $63,000. Virtu Financial LLC purchased a new position in AtlasClear in the third quarter valued at about $142,000. Finally, HighTower Advisors LLC boosted its stake in shares of AtlasClear by 42.8% during the 4th quarter. HighTower Advisors LLC now owns 813,900 shares of the company’s stock worth $204,000 after acquiring an additional 243,900 shares in the last quarter. 47.57% of the stock is currently owned by hedge funds and other institutional investors.

AtlasClear Stock Performance

Shares of NYSEAMERICAN:ATCH opened at $0.24 on Tuesday. AtlasClear has a 52 week low of $0.14 and a 52 week high of $13.19. The company has a 50-day moving average price of $0.27 and a 200 day moving average price of $0.33. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.95 and a current ratio of 0.95.

AtlasClear (NYSEAMERICAN:ATCH) last released its earnings results on Friday, February 13th. The company reported $0.05 earnings per share (EPS) for the quarter. AtlasClear had a negative return on equity of 38.12% and a net margin of 12.08%.

About AtlasClear

AtlasClear, Inc (NYSE American: ATCH) is a financial technology and market-services company focused on the execution and clearing of equity-linked derivatives in the United States. Through its registered broker-dealer and clearing subsidiary, Atlas Clearing, LLC, the firm operates a dedicated trading venue for covered warrants and warrant-like instruments. The platform is designed to deliver efficient trade execution, enhanced liquidity and robust price discovery for institutional investors.

The company’s core offerings include proprietary market-making strategies, electronic order matching and centralized post-trade clearing services.