Antalpha Platform Holding Company (NASDAQ:ANTA) Stock Short Interest Report for September

Key Points

• Short interest more than doubled to 5,940 shares as of September 30, up 111.5% from mid-month, though short interest remained 0.0% of shares outstanding and represented just 0.1 days of average trading volume.
• Analyst sentiment was largely negative: Zacks Research downgraded the stock to “strong sell,” Weiss Ratings initiated a “sell (d)” rating, and B. Riley cut its price target to $7.50 while maintaining a “buy” rating. The overall consensus rating is “Reduce.”
• ANTA shares traded at $2.54, near their 12-month low of $2.05 and well below the 12-month high of $12.61. The company reported a quarterly loss of $0.47 per share on $2.41 million in revenue, while analysts expect a full-year loss of $0.20 per share.

Antalpha Platform Holding Company (NASDAQ:ANTA - Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 5,940 shares, an increase of 111.5% from the September 15th total of 2,808 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 76,988 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ANTA. Zacks Research lowered Antalpha Platform from a "hold" rating to a "strong sell" rating in a research report on Friday, August 21st. Weiss Ratings initiated coverage on shares of Antalpha Platform in a report on Wednesday, August 26th. They set a "sell (d)" rating on the stock. Finally, B. Riley Financial reduced their target price on shares of Antalpha Platform from $9.50 to $7.50 and set a "buy" rating for the company in a research note on Thursday, August 20th. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average target price of $7.50.

Antalpha Platform Stock Performance

Shares of Antalpha Platform stock traded up $0.14 during mid-day trading on Tuesday, hitting $2.54. 14,014 shares of the stock were exchanged, compared to its average volume of 11,029. Antalpha Platform has a 12 month low of $2.05 and a 12 month high of $12.61. The company has a 50-day simple moving average of $3.38 and a 200 day simple moving average of $5.60. The company has a market capitalization of $60.87 million, a P/E ratio of 10.53 and a beta of 2.31. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.29 and a current ratio of 1.29.

Antalpha Platform (NASDAQ:ANTA - Get Free Report) last released its earnings results on Thursday, August 20th. The company reported ($0.47) earnings per share (EPS) for the quarter. The business had revenue of $2.41 million during the quarter. Antalpha Platform had a net margin of 7.94% and a return on equity of 3.97%. Sell-side analysts anticipate that Antalpha Platform will post -0.20 earnings per share for the current fiscal year.

Antalpha Platform Company Profile

Antalpha Platform Holding Company Limited NASDAQ: ANTA is a financial technology company focused on providing digital asset-related financial services to institutional participants. Its business is primarily connected with the cryptocurrency and bitcoin-mining ecosystems.

The company offers financing and lending solutions designed for digital asset businesses, including bitcoin mining companies. It also provides services related to treasury management, collateral management and the procurement or financing of mining equipment, helping institutional customers manage capital and operational needs within the digital asset industry.

Antalpha serves customers internationally, with activities focused on markets where digital asset mining and related institutional services are established.

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