AlphaTime Acquisition Corp. (NASDAQ:ATMC – Get Free Report)’s stock price rose 0.6% during trading on Monday . The company traded as high as $11.81 and last traded at $11.87. Approximately 3,504 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 16,646 shares. The stock had previously closed at $11.80.
AlphaTime Acquisition Stock Up 0.6%
The firm’s 50 day simple moving average is $11.73 and its two-hundred day simple moving average is $11.58.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Boothbay Fund Management LLC bought a new position in shares of AlphaTime Acquisition in the fourth quarter valued at $2,135,000. Toronto Dominion Bank acquired a new stake in shares of AlphaTime Acquisition in the 4th quarter worth about $319,000. Finally, Warberg Asset Management LLC bought a new position in AlphaTime Acquisition in the 1st quarter valued at about $213,000. 82.24% of the stock is owned by institutional investors and hedge funds.
AlphaTime Acquisition Company Profile
AlphaTime Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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