Alpha Modus Holdings, Inc. (NASDAQ:AMOD) Sees Significant Growth in Short Interest

Alpha Modus Holdings, Inc. (NASDAQ:AMOD) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 1,121,845 shares, an increase of 344.4% from the December 31st total of 252,465 shares. Based on an average trading volume of 9,341,777 shares, the days-to-cover ratio is presently 0.1 days. Currently, 11.1% of the company’s shares are short sold. Currently, 11.1% of the company’s shares are short sold. Based on an average trading volume of 9,341,777 shares, the days-to-cover ratio is presently 0.1 days.

Alpha Modus Price Performance

Shares of NASDAQ:AMOD opened at $0.93 on Wednesday. The business has a 50-day moving average of $0.67 and a two-hundred day moving average of $0.96. The firm has a market capitalization of $39.02 million, a PE ratio of -3.21 and a beta of 0.60. Alpha Modus has a 12 month low of $0.40 and a 12 month high of $6.02.

Alpha Modus (NASDAQ:AMOD) last released its quarterly earnings data on Friday, November 14th. The company reported ($0.10) earnings per share for the quarter.

Institutional Investors Weigh In On Alpha Modus

A hedge fund recently bought a new stake in Alpha Modus stock. Millennium Management LLC bought a new stake in Alpha Modus Holdings, Inc. (NASDAQ:AMOD) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 98,805 shares of the company’s stock, valued at approximately $118,000. Millennium Management LLC owned 0.24% of Alpha Modus at the end of the most recent quarter. Hedge funds and other institutional investors own 15.94% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Alpha Modus in a report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

About Alpha Modus

Alpha Modus Holdings, Inc operates as a blank check company. The company was founded on December 13, 2024 and is headquartered in Cornelius, NC.