AlphaTime Acquisition Corp (NASDAQ:ATMC) Short Interest Update

AlphaTime Acquisition Corp (NASDAQ:ATMC) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 2,500 shares, a growth of 8.7% from the August 15th total of 2,300 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Trading of AlphaTime Acquisition

A number of hedge funds have recently bought and sold shares of the company. Quarry LP bought a new position in AlphaTime Acquisition during the fourth quarter valued at approximately $536,000. Shaolin Capital Management LLC raised its position in AlphaTime Acquisition by 10.1% in the 1st quarter. Shaolin Capital Management LLC now owns 165,100 shares of the company’s stock worth $1,806,000 after purchasing an additional 15,100 shares during the period. Berkley W R Corp raised its position in AlphaTime Acquisition by 27.1% in the 1st quarter. Berkley W R Corp now owns 168,357 shares of the company’s stock worth $1,842,000 after purchasing an additional 35,849 shares during the period. Mizuho Securities USA LLC lifted its stake in AlphaTime Acquisition by 15.5% in the first quarter. Mizuho Securities USA LLC now owns 288,625 shares of the company’s stock worth $3,132,000 after purchasing an additional 38,625 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its position in AlphaTime Acquisition by 41.9% during the second quarter. Wolverine Asset Management LLC now owns 437,933 shares of the company’s stock valued at $4,848,000 after buying an additional 129,335 shares during the period. Institutional investors own 82.24% of the company’s stock.

AlphaTime Acquisition Stock Up 0.4 %

Shares of ATMC stock opened at $11.20 on Tuesday. The business has a 50-day moving average price of $11.13 and a two-hundred day moving average price of $11.05. AlphaTime Acquisition has a 12-month low of $10.50 and a 12-month high of $11.86.

AlphaTime Acquisition Company Profile

AlphaTime Acquisition Corp 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.