Short Interest in Metalpha Technology Holding Limited (NASDAQ:MATH) Declines By 20.0%

Metalpha Technology Holding Limited (NASDAQ:MATH) was the target of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 63,900 shares, a drop of 20.0% from the January 15th total of 79,900 shares. Based on an average trading volume of 72,300 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.3% of the company’s shares are sold short.

Metalpha Technology Price Performance

Metalpha Technology stock opened at $2.70 on Monday. Metalpha Technology has a fifty-two week low of $0.80 and a fifty-two week high of $2.77. The company’s 50 day simple moving average is $1.44 and its 200 day simple moving average is $1.24.

Metalpha Technology Company Profile

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.