Short Interest in Metalpha Technology Holding Limited (NASDAQ:MATH) Rises By 409.1%

Metalpha Technology Holding Limited (NASDAQ:MATH) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 22,400 shares, a growth of 409.1% from the October 31st total of 4,400 shares. Based on an average daily volume of 23,100 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the shares of the stock are sold short.

Metalpha Technology Trading Down 7.2 %

NASDAQ MATH traded down $0.07 during trading hours on Friday, reaching $0.90. 38,856 shares of the stock traded hands, compared to its average volume of 22,915. The stock has a 50 day simple moving average of $1.15 and a two-hundred day simple moving average of $1.24. Metalpha Technology has a 1 year low of $0.80 and a 1 year high of $2.27.

Metalpha Technology Company Profile

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.