Short Interest in Metalpha Technology Holding Limited (NASDAQ:MATH) Increases By 409.1%

Metalpha Technology Holding Limited (NASDAQ:MATH) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 22,400 shares, an increase of 409.1% from the October 31st total of 4,400 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 23,100 shares, the short-interest ratio is presently 1.0 days.

Metalpha Technology Price Performance

Shares of MATH stock traded up $0.02 during trading hours on Wednesday, reaching $0.92. The stock had a trading volume of 373 shares, compared to its average volume of 22,371. The stock’s fifty day simple moving average is $1.15 and its 200 day simple moving average is $1.25. Metalpha Technology has a 12 month low of $0.80 and a 12 month high of $2.27.

About Metalpha Technology

Metalpha Technology Holding Limited, together with its subsidiaries, provides wealth management services in Hong Kong. The company offers digital asset-based wealth management services, which include issuing traditional financial and cryptocurrency derivative products to over-the-counter clients, providing crypto derivative market making services, and proprietary trading of digital assets and crypto derivative products; and securities advising and asset management services.