Antalpha Platform Holding Company (NASDAQ:ANTA – Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,624 shares, a decrease of 48.9% from the August 15th total of 7,092 shares. Based on an average daily volume of 9,109 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short.
Analyst Ratings Changes
A number of equities research analysts have recently issued reports on the stock. Weiss Ratings began coverage on shares of Antalpha Platform in a report on Wednesday, August 26th. They issued a “sell (d)” rating on the stock. B. Riley Financial cut their price objective on Antalpha Platform from $9.50 to $7.50 and set a “buy” rating for the company in a research report on Thursday, August 20th. Finally, Zacks Research downgraded Antalpha Platform from a “hold” rating to a “strong sell” rating in a research note on Friday, August 21st. One research analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Antalpha Platform currently has an average rating of “Reduce” and a consensus target price of $7.50.
View Our Latest Stock Analysis on Antalpha Platform
Antalpha Platform Trading Down 0.1%
Antalpha Platform (NASDAQ:ANTA – Get Free Report) last announced its earnings results on Thursday, August 20th. The company reported ($0.47) EPS for the quarter. The business had revenue of $2.41 million for the quarter. Antalpha Platform had a return on equity of 3.97% and a net margin of 7.94%. As a group, analysts predict that Antalpha Platform will post -0.2 earnings per share for the current year.
Antalpha Platform Company Profile
Antalpha provides financing, technology and risk management solutions to the digital asset industry. As the primary lending partner for Bitmain, we are a provider of supply chain financing solutions to institutional and corporate participants in the Bitcoin mining industry, offering loans secured by Bitcoin and Bitcoin mining machines. We have developed a technology platform, Antalpha Prime, which enables our customers to apply for and manage their digital asset loans while allowing us to closely monitor collateral positions.
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