Categories: Technology

Metalpha Technology Holding Limited’s Decreased Short Interest and Recent Institutional Trading Activity

Metalpha Technology Holding Limited (NASDAQ:MATH) experienced a significant decrease in short interest in June. As of June 15th, there were 4,200 shares of short interest, down 31.1% from the previous month. With an average daily trading volume of 18,800 shares, the days-to-cover ratio is currently 0.2 days. Short selling accounts for 0.0% of the stock’s total shares.

Institutional trading activity has been active in Metalpha Technology Holding Limited recently with a hedge fund purchasing a new stake in the company. Apollon Wealth Management LLC acquired 13,164 shares of the company’s stock, valued at approximately $29,000. This stake represents 0.06% ownership of Metalpha Technology at the end of the reporting period. Overall, institutional investors own about 30.53% of Metalpha Technology Holding Limited’s stock.

Metalpha Technology Holding Limited offers wealth management services in Hong Kong and its services include digital asset-based wealth management, issuing financial and cryptocurrency derivative products, market making services and proprietary trading of digital assets and crypto derivative products are some of their offerings. To stay updated with news and ratings for Metalpha Technology on a daily basis readers can sign up for MarketBeat’s free daily email newsletter

Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

Share
Published by
Samantha Jones

Recent Posts

Chiesa to Roma: A Summer Transfer Window Showdown Looms

Roma is actively pursuing Federico Chiesa, who is their top target for the summer transfer…

20 seconds ago

From Ransomware to Espionage: The Increasing Threat of Cyberattacks in Health Care

Cybercriminals are increasingly targeting health care institutions, putting patients' lives at risk by holding medical…

2 mins ago

Judicial Drift: How Loper Bright’s Influence on Litigation is Impacting Bank Regulations and Cryptocurrency

When public policies undergo significant changes due to shifts in the surrounding economic or social…

2 mins ago

Revolutionizing Video Technology: Milestone Systems and Arcules Announce Merger to Combine Strengths in VMS, Analytics and Cloud-Based Solutions

Milestone Systems, a leading global video technology company, and Arcules, a cloud-based video surveillance solutions…

4 mins ago

Napoli’s Pursuit of Buongiorno: A Key Move for the New Season

In Milan, Napoli director Giovanni Manna met with Alessandro Buongiorno's agent, Beppe Riso, to discuss…

5 mins ago

Expert Insights: UNC-Chapel Hill’s Shark Week 2024

Shark Week is back on July 7, 2024 and UNC-Chapel Hill’s esteemed shark experts are…

6 mins ago