AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH) Short Interest Update

AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCHGet Free Report) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 16,307,273 shares, an increase of 36.0% from the January 29th total of 11,993,935 shares. Based on an average daily trading volume, of 8,807,753 shares, the days-to-cover ratio is currently 1.9 days. Approximately 12.5% of the company’s stock are sold short. Approximately 12.5% of the company’s stock are sold short. Based on an average daily trading volume, of 8,807,753 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ATCH. Geode Capital Management LLC raised its position in AtlasClear by 740.6% in the 4th quarter. Geode Capital Management LLC now owns 1,179,315 shares of the company’s stock valued at $296,000 after buying an additional 1,039,013 shares during the last quarter. Jane Street Group LLC boosted its position in AtlasClear by 1,823.2% during the 4th quarter. Jane Street Group LLC now owns 921,251 shares of the company’s stock worth $231,000 after acquiring an additional 873,348 shares during the last quarter. Virtu Financial LLC bought a new position in shares of AtlasClear during the 3rd quarter worth approximately $142,000. HighTower Advisors LLC raised its holdings in shares of AtlasClear by 42.8% in the fourth quarter. HighTower Advisors LLC now owns 813,900 shares of the company’s stock valued at $204,000 after purchasing an additional 243,900 shares during the last quarter. Finally, Prospera Financial Services Inc bought a new stake in shares of AtlasClear in the third quarter worth $63,000. 47.57% of the stock is currently owned by institutional investors.

AtlasClear Stock Down 4.6%

Shares of ATCH stock traded down $0.01 during trading hours on Monday, hitting $0.23. 3,522,063 shares of the company were exchanged, compared to its average volume of 5,863,851. AtlasClear has a 52 week low of $0.14 and a 52 week high of $2.92. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.65. The business has a 50 day moving average of $0.25 and a two-hundred day moving average of $0.34.

AtlasClear (NYSEAMERICAN:ATCHGet Free Report) last posted its quarterly earnings data on Friday, February 13th. The company reported $0.05 EPS for the quarter. AtlasClear had a net margin of 12.08% and a return on equity of 90.79%.

About AtlasClear

(Get Free Report)

AtlasClear, Inc (NYSE American: ATCH) is a financial technology and market-services company focused on the execution and clearing of equity-linked derivatives in the United States. Through its registered broker-dealer and clearing subsidiary, Atlas Clearing, LLC, the firm operates a dedicated trading venue for covered warrants and warrant-like instruments. The platform is designed to deliver efficient trade execution, enhanced liquidity and robust price discovery for institutional investors.

The company’s core offerings include proprietary market-making strategies, electronic order matching and centralized post-trade clearing services.

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