Alpha Technology Group Limited (NASDAQ:ATGL) Short Interest Down 14.1% in February

Alpha Technology Group Limited (NASDAQ:ATGL) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 21,944 shares, a decline of 14.1% from the January 29th total of 25,543 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 6,489 shares, the days-to-cover ratio is presently 3.4 days. Based on an average daily trading volume, of 6,489 shares, the days-to-cover ratio is presently 3.4 days. Currently, 0.1% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Alpha Technology Group in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Alpha Technology Group presently has a consensus rating of “Sell”.

Alpha Technology Group Stock Up 1.4%

NASDAQ ATGL opened at $16.94 on Friday. Alpha Technology Group has a 12 month low of $9.01 and a 12 month high of $50.00. The company has a 50-day moving average of $20.46 and a 200-day moving average of $22.98.

Alpha Technology Group (NASDAQ:ATGL) last released its earnings results on Friday, January 30th. The company reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $0.28 million for the quarter.

About Alpha Technology Group

Alpha Technology Group Limited, through its subsidiaries, provides cloud-based information technology services in Hong Kong. The company primarily offers cloud-based and customized customer relationship management and enterprise resource planning systems; web and mobile application development services; artificial intelligence powered optical character recognition services; and technological support and maintenance, and other services, such as maintaining and enhancing services for systems. It serves customers from various industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, social services, etc.