AlphaTime Acquisition (NASDAQ:ATMCU) Trading Up 0.1%

AlphaTime Acquisition Corp (NASDAQ:ATMCU) rose 0.1% during trading on Tuesday . The company traded as high as $11.30 and last traded at $11.30. Approximately 500 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 993 shares. The stock had previously closed at $11.29.

AlphaTime Acquisition Price Performance

The stock has a 50 day moving average of $11.20 and a 200 day moving average of $11.15.

Hedge Funds Weigh In On AlphaTime Acquisition

An institutional investor recently raised its position in AlphaTime Acquisition stock. Clear Street LLC boosted its position in AlphaTime Acquisition Corp (NASDAQ:ATMCU) by 77.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,769 shares of the company’s stock after acquiring an additional 2,517 shares during the quarter. Clear Street LLC’s holdings in AlphaTime Acquisition were worth $63,000 at the end of the most recent reporting period.

AlphaTime Acquisition Company Profile

AlphaTime Acquisition Corp 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.