Alpha Partners Technology Merger Corp. (NASDAQ:APTM – Get Rating) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 5,500 shares, a decline of 12.7% from the August 15th total of 6,300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 28,500 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Alpha Partners Technology Merger

Several hedge funds and other institutional investors have recently made changes to their positions in APTM. Apollo Management Holdings L.P. acquired a new position in shares of Alpha Partners Technology Merger during the fourth quarter worth approximately $23,765,000. Karpus Management Inc. acquired a new position in shares of Alpha Partners Technology Merger during the fourth quarter worth approximately $3,090,000. Taconic Capital Advisors LP boosted its position in shares of Alpha Partners Technology Merger by 33.3% during the first quarter. Taconic Capital Advisors LP now owns 1,000,000 shares of the company's stock worth $9,690,000 after buying an additional 250,000 shares during the period. Ghisallo Capital Management LLC acquired a new position in shares of Alpha Partners Technology Merger during the fourth quarter worth approximately $2,399,000. Finally, Parallax Volatility Advisers L.P. acquired a new position in shares of Alpha Partners Technology Merger during the second quarter worth approximately $1,496,000. 42.38% of the stock is currently owned by institutional investors and hedge funds.

Alpha Partners Technology Merger Stock Performance

Shares of NASDAQ APTM opened at $9.77 on Friday. The stock has a 50 day simple moving average of $9.75 and a 200-day simple moving average of $9.70. Alpha Partners Technology Merger has a 12-month low of $9.55 and a 12-month high of $10.30.

About Alpha Partners Technology Merger

Alpha Partners Technology Merger Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.

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