Short Interest in AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH) Expands By 22.7%

AtlasClear Holdings, Inc. (NYSEAMERICAN:ATCH) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 11,993,935 shares, a growth of 22.7% from the January 15th total of 9,771,854 shares. Currently, 9.5% of the shares of the stock are sold short. Based on an average daily volume of 5,457,252 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily volume of 5,457,252 shares, the days-to-cover ratio is currently 2.2 days. Currently, 9.5% of the shares of the stock are sold short.

Institutional Trading of AtlasClear

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC boosted its stake in shares of AtlasClear by 740.6% in the 4th quarter. Geode Capital Management LLC now owns 1,179,315 shares of the company’s stock valued at $296,000 after purchasing an additional 1,039,013 shares in the last quarter. Jane Street Group LLC grew its stake in shares of AtlasClear by 1,823.2% during the fourth quarter. Jane Street Group LLC now owns 921,251 shares of the company’s stock valued at $231,000 after buying an additional 873,348 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of AtlasClear by 42.8% in the fourth quarter. HighTower Advisors LLC now owns 813,900 shares of the company’s stock worth $204,000 after buying an additional 243,900 shares during the period. Virtu Financial LLC bought a new stake in shares of AtlasClear in the 3rd quarter valued at about $142,000. Finally, Prospera Financial Services Inc purchased a new stake in AtlasClear during the 3rd quarter valued at about $63,000. Hedge funds and other institutional investors own 47.57% of the company’s stock.

AtlasClear Price Performance

Shares of ATCH opened at $0.24 on Thursday. AtlasClear has a 1-year low of $0.14 and a 1-year high of $13.19. The company has a quick ratio of 0.95, a current ratio of 1.56 and a debt-to-equity ratio of 0.65. The firm’s 50 day simple moving average is $0.26 and its 200 day simple moving average is $0.33.

AtlasClear (NYSEAMERICAN:ATCH) last issued its quarterly earnings results on Friday, February 13th. The company reported $0.05 EPS for the quarter. AtlasClear had a net margin of 12.08% and a return on equity of 90.79%.

AtlasClear Company Profile

AtlasClear, Inc (NYSE American: ATCH) is a financial technology and market-services company focused on the execution and clearing of equity-linked derivatives in the United States. Through its registered broker-dealer and clearing subsidiary, Atlas Clearing, LLC, the firm operates a dedicated trading venue for covered warrants and warrant-like instruments. The platform is designed to deliver efficient trade execution, enhanced liquidity and robust price discovery for institutional investors.

The company’s core offerings include proprietary market-making strategies, electronic order matching and centralized post-trade clearing services.