Short Interest in Metalpha Technology Holding Limited (NASDAQ:MATH) Declines By 20.0%

Metalpha Technology Holding Limited (NASDAQ:MATH) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 63,900 shares, a drop of 20.0% from the January 15th total of 79,900 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 72,300 shares, the days-to-cover ratio is presently 0.9 days.

Metalpha Technology Stock Performance

MATH opened at $2.70 on Monday. Metalpha Technology has a 1-year low of $0.80 and a 1-year high of $2.77. The firm has a 50-day moving average price of $1.44 and a two-hundred day moving average price of $1.24.

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.