Atlantic International Corp. (NASDAQ:ATLN) Short Interest Update

Atlantic International Corp. (NASDAQ:ATLN) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 241,593 shares, an increase of 56.2% from the February 12th total of 154,678 shares. Based on an average daily volume of 128,443 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.5% of the shares of the stock are sold short. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 128,443 shares, the days-to-cover ratio is currently 1.9 days.

Atlantic International Stock Performance

Shares of NASDAQ ATLN traded up $0.16 during trading on Friday, hitting $4.14. The company had a trading volume of 115,338 shares, compared to its average volume of 273,584. Atlantic International has a 52 week low of $1.16 and a 52 week high of $6.35. The business’s 50-day moving average is $2.98 and its 200 day moving average is $2.83. The company has a market cap of $242.29 million, a P/E ratio of -1.85 and a beta of 1.25.

Analyst Ratings Changes

ATLN has been the subject of several research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Atlantic International in a research note on Wednesday, January 21st. LADENBURG THALM/SH SH raised shares of Atlantic International to a “strong-buy” rating in a report on Thursday, December 18th. One investment 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 stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Institutional Investors Weigh In On Atlantic International

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

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.