Short Interest in Metalpha Technology Holding Limited (NASDAQ:MATH) Declines By 58.2%

Metalpha Technology Holding Limited (NASDAQ:MATH) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 2,800 shares, a drop of 58.2% from the September 30th total of 6,700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 10,700 shares, the short-interest ratio is presently 0.3 days.

Metalpha Technology Price Performance

MATH stock remained flat at $1.20 during midday trading on Friday. The company’s stock had a trading volume of 13,885 shares, compared to its average volume of 19,794. Metalpha Technology has a one year low of $0.80 and a one year high of $2.27. The firm’s fifty day simple moving average is $1.16 and its 200 day simple moving average is $1.30.

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.