AlphaTime Acquisition (NASDAQ:ATMC) Shares Up 0.1% – Here’s What Happened

AlphaTime Acquisition Corp (NASDAQ:ATMC)’s share price rose 0.1% during trading on Thursday . The stock traded as high as $11.61 and last traded at $11.63. Approximately 1,935 shares were traded during trading, a decline of 90% from the average daily volume of 18,555 shares. The stock had previously closed at $11.61.

AlphaTime Acquisition Stock Performance

The company has a 50-day moving average of $11.54 and a 200 day moving average of $11.37.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AlphaTime Acquisition stock. Toronto Dominion Bank bought a new stake in shares of AlphaTime Acquisition Corp (NASDAQ:ATMC) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 28,000 shares of the company’s stock, valued at approximately $319,000. Toronto Dominion Bank owned about 0.41% of AlphaTime Acquisition at the end of the most recent reporting period. Institutional investors and hedge funds own 82.24% of the company’s stock.

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.