Atlantic International Corp. (NASDAQ:ATLN) Short Interest Down 18.4% in January

Atlantic International Corp. (NASDAQ:ATLN) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 217,027 shares, a decrease of 18.4% from the January 15th total of 265,806 shares. Based on an average trading volume of 380,127 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the company’s shares are short sold. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 380,127 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. State Street Corp raised its stake in Atlantic International by 9.4% during the 4th quarter. State Street Corp now owns 103,859 shares of the company’s stock worth $138,000 after acquiring an additional 8,959 shares in the last quarter. Deutsche Bank AG grew its holdings in shares of Atlantic International by 232.1% during the fourth quarter. Deutsche Bank AG now owns 50,817 shares of the company’s stock worth $68,000 after purchasing an additional 35,513 shares during the last quarter. Strs Ohio purchased a new position in shares of Atlantic International during the third quarter worth about $106,000. New York State Common Retirement Fund acquired a new stake in shares of Atlantic International during the second quarter worth about $97,000. Finally, Geode Capital Management LLC lifted its holdings in shares of Atlantic International by 112.2% in the 2nd quarter. Geode Capital Management LLC now owns 245,077 shares of the company’s stock valued at $498,000 after purchasing an additional 129,572 shares during the last quarter.

Atlantic International Stock Performance

Shares of NASDAQ:ATLN opened at $2.96 on Wednesday. The company has a market cap of $173.25 million, a PE ratio of -1.32 and a beta of 1.23. The company’s 50 day moving average is $2.39 and its two-hundred day moving average is $2.81. Atlantic International has a 52 week low of $1.16 and a 52 week high of $6.50.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on ATLN. Weiss Ratings reissued a “sell (d-)” rating on shares of Atlantic International in a research note on Wednesday, January 21st. LADENBURG THALM/SH SH upgraded shares of Atlantic International to a “strong-buy” rating in a research note on Thursday, December 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Atlantic International

Atlantic International (NASDAQ: ATLN) is a specialty finance real estate investment trust focused on providing flexible capital solutions to U.S.-based, growth-oriented businesses. Through its externally managed structure, the company targets a diversified portfolio of debt and equity investments in micro-, small- and mid-cap enterprises operating across technology, healthcare, consumer internet, business services and other high-growth sectors. Atlantic International seeks to deliver current income and potential capital appreciation by structuring customized financing arrangements tailored to the needs of underserved companies.

The company’s investment strategy emphasizes middle-market firms that demonstrate strong growth trajectories and scalable business models.