AlphaTime Acquisition Corp (NASDAQ:ATMCR) Sees Large Decrease in Short Interest

AlphaTime Acquisition Corp (NASDAQ:ATMCR) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 13,800 shares, a drop of 37.3% from the September 15th total of 22,000 shares. Based on an average daily trading volume, of 22,400 shares, the short-interest ratio is currently 0.6 days. Based on an average daily trading volume, of 22,400 shares, the short-interest ratio is currently 0.6 days.

AlphaTime Acquisition Price Performance

NASDAQ ATMCR opened at $0.30 on Wednesday. The stock has a fifty day moving average of $0.29 and a 200-day moving average of $0.22. AlphaTime Acquisition has a 52 week low of $0.11 and a 52 week high of $0.30.

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.