AlTi Global, Inc. (NASDAQ:ALTI) Short Interest Down 10.0% in January

AlTi Global, Inc. (NASDAQ:ALTI) was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 917,500 shares, a drop of 10.0% from the January 15th total of 1,020,000 shares. Currently, 2.8% of the company’s stock are sold short. Based on an average trading volume of 105,100 shares, the days-to-cover ratio is presently 8.7 days.

AlTi Global Stock Up 5.8 %

Shares of NASDAQ ALTI opened at $3.47 on Friday. AlTi Global has a one year low of $3.24 and a one year high of $7.25. The company has a debt-to-equity ratio of 0.17, a quick ratio of 4.05 and a current ratio of 4.05. The business has a 50-day moving average price of $4.13 and a two-hundred day moving average price of $4.14.

Institutional Investors Weigh In On AlTi Global

A number of institutional investors have recently bought and sold shares of ALTI. Charles Schwab Investment Management Inc. lifted its holdings in shares of AlTi Global by 58.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 432,617 shares of the basic materials company’s stock valued at $1,618,000 after buying an additional 159,357 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of AlTi Global by 41.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,080,189 shares of the basic materials company’s stock valued at $4,041,000 after buying an additional 318,860 shares during the last quarter. State Street Corp lifted its holdings in shares of AlTi Global by 5.6% during the 3rd quarter. State Street Corp now owns 540,213 shares of the basic materials company’s stock valued at $2,020,000 after buying an additional 28,689 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of AlTi Global by 16.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,092 shares of the basic materials company’s stock valued at $101,000 after buying an additional 3,925 shares during the last quarter. Finally, Barclays PLC lifted its holdings in AlTi Global by 264.8% in the 3rd quarter. Barclays PLC now owns 44,457 shares of the basic materials company’s stock worth $167,000 after purchasing an additional 32,269 shares during the last quarter. 3.57% of the stock is currently owned by institutional investors and hedge funds.

AlTi Global Company Profile

AlTi Global, Inc provides wealth and asset management services individuals, families, foundations, and institutions in the United States, the United Kingdom, and internationally. It operates through two segments, Wealth Management and Strategic Alternatives. The company offers discretionary investment management, non-discretionary investment advisory, and investment management and advisory services.