Short Interest in Metalpha Technology Holding Limited (NASDAQ:MATH) Declines By 66.5%

Metalpha Technology Holding Limited (NASDAQ:MATH) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 24,000 shares, a drop of 66.5% from the February 13th total of 71,700 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 171,200 shares, the short-interest ratio is presently 0.1 days.

Metalpha Technology Trading Down 4.0 %

Shares of MATH stock traded down $0.08 during trading hours on Thursday, hitting $1.80. The company had a trading volume of 55,364 shares, compared to its average volume of 208,661. Metalpha Technology has a 12 month low of $0.80 and a 12 month high of $2.78. The firm’s fifty day moving average is $1.76 and its 200 day moving average is $1.34.

About Metalpha Technology

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.