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

AlphaTime Acquisition Corp (NASDAQ:ATMC) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 700 shares, a decrease of 12.5% from the January 31st total of 800 shares. Based on an average daily volume of 9,400 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

AlphaTime Acquisition Stock Up 0.2 %

NASDAQ:ATMC opened at $11.63 on Friday. The firm’s fifty day moving average is $11.45 and its 200-day moving average is $11.33. AlphaTime Acquisition has a 52 week low of $10.92 and a 52 week high of $11.86.

Institutional Investors Weigh In On AlphaTime Acquisition

Institutional investors have recently modified their holdings of the company. Toronto Dominion Bank bought a new stake in shares of AlphaTime Acquisition in the 4th quarter valued at $319,000. Boothbay Fund Management LLC bought a new stake in shares of AlphaTime Acquisition in the 4th quarter valued at $2,135,000. Finally, Mizuho Securities USA LLC boosted its stake in shares of AlphaTime Acquisition by 64.8% in the 3rd 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 last quarter. 82.24% of the stock is owned by institutional investors.

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.