AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH – Get Free Report) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 4,270,000 shares, a growth of 236.2% from the August 31st total of 1,270,000 shares. Based on an average trading volume of 42,900,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 32.9% of the company’s shares are sold short. Currently, 32.9% of the company’s shares are sold short. Based on an average trading volume of 42,900,000 shares, the days-to-cover ratio is currently 0.1 days.
AtlasClear Stock Performance
Shares of AtlasClear stock opened at $0.44 on Friday. The business has a 50-day moving average of $0.37 and a 200 day moving average of $0.36. AtlasClear has a 12 month low of $0.14 and a 12 month high of $26.94.
Hedge Funds Weigh In On AtlasClear
A hedge fund recently bought a new stake in AtlasClear stock. Cutter & CO Brokerage Inc. bought a new stake in shares of AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH – Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 48,540 shares of the company’s stock, valued at approximately $33,000. Cutter & CO Brokerage Inc. owned 12.45% of AtlasClear at the end of the most recent reporting period. 47.57% of the stock is owned by institutional investors and hedge funds.
About AtlasClear
AtlasClear Holdings, Inc engages in the provision of banking and clearing services to other financial services firms. The company was founded on October 13, 2022 and is headquartered in Tampa, FL.
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