Metalpha Technology Holding Limited (NASDAQ:MATH - Get Free Report) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 9,900 shares, a decrease of 41.4% from the March 31st total of 16,900 shares. Approximately 0.1% of the company's stock are short sold. Based on an average daily volume of 164,200 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Trading of Metalpha Technology
An institutional investor recently bought a new position in Metalpha Technology stock. FNY Investment Advisers LLC bought a new position in Metalpha Technology Holding Limited (NASDAQ:MATH - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 19,306 shares of the company's stock, valued at approximately $32,000. FNY Investment Advisers LLC owned about 0.05% of Metalpha Technology as of its most recent SEC filing. 30.53% of the stock is owned by institutional investors and hedge funds.
Metalpha Technology Stock Performance
MATH stock traded down $0.07 during midday trading on Friday, reaching $2.00. 141,198 shares of the company's stock traded hands, compared to its average volume of 67,269. The firm's fifty day moving average price is $1.74 and its 200-day moving average price is $1.50. Metalpha Technology has a 52 week low of $0.80 and a 52 week high of $2.78.
About Metalpha Technology
(
Get Free Report)
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.
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