Short Interest in AlphaTime Acquisition Corp (NASDAQ:ATMC) Expands By 100.0%

AlphaTime Acquisition Corp (NASDAQ:ATMC) was the target of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 200 shares, an increase of 100.0% from the December 15th total of 100 shares. Based on an average trading volume of 13,300 shares, the short-interest ratio is presently 0.0 days.

AlphaTime Acquisition Price Performance

Shares of AlphaTime Acquisition stock remained flat at $11.32 during trading on Thursday. 19 shares of the stock were exchanged, compared to its average volume of 1,519. The stock has a fifty day moving average price of $11.33 and a 200-day moving average price of $11.23. AlphaTime Acquisition has a fifty-two week low of $10.77 and a fifty-two week high of $11.86.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Shaolin Capital Management LLC grew its holdings in shares of AlphaTime Acquisition by 8.7% during the second quarter. Shaolin Capital Management LLC now owns 179,477 shares of the company’s stock worth $1,987,000 after buying an additional 14,377 shares during the last quarter. Berkley W R Corp grew its stake in shares of AlphaTime Acquisition by 93.5% in the 2nd quarter. Berkley W R Corp now owns 325,793 shares of the company’s stock valued at $3,607,000 after purchasing an additional 157,436 shares during the last quarter. Finally, Mizuho Securities USA LLC increased its holdings in shares of AlphaTime Acquisition by 64.8% in the third quarter. Mizuho Securities USA LLC now owns 505,896 shares of the company’s stock valued at $5,656,000 after purchasing an additional 198,896 shares during the period. 82.24% of the stock is currently owned by institutional investors and hedge funds.

AlphaTime Acquisition Company Profile

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.