AlphaTime Acquisition Corp (NASDAQ:ATMC) Short Interest Down 12.5% in March

AlphaTime Acquisition Corp (NASDAQ:ATMC) saw a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 700 shares, a decrease of 12.5% from the February 28th total of 800 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is currently 0.4 days.

AlphaTime Acquisition Stock Up 0.2 %

Shares of ATMC opened at $11.63 on Friday. The business’s 50-day moving average is $11.57 and its two-hundred day moving average is $11.39. AlphaTime Acquisition has a fifty-two week low of $10.92 and a fifty-two week high of $11.86.

Institutional Trading of AlphaTime Acquisition

A hedge fund recently bought a new stake in AlphaTime Acquisition stock. Toronto Dominion Bank acquired a new position in shares of AlphaTime Acquisition Corp (NASDAQ:ATMC) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 28,000 shares of the company’s stock, valued at approximately $319,000. Toronto Dominion Bank owned 0.41% of AlphaTime Acquisition at the end of the most recent reporting period. Institutional investors and hedge funds own 82.24% of the company’s stock.

About AlphaTime Acquisition

AlphaTime Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.