Thursday, December 8

Tag: Alkami Technology

Short Interest in Alkami Technology, Inc. (NASDAQ:ALKT) Decreases By 8.2%
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Short Interest in Alkami Technology, Inc. (NASDAQ:ALKT) Decreases By 8.2%

Alkami Technology, Inc. (NASDAQ:ALKT - Get Rating) saw a significant decline in short interest in October. As of October 15th, there was short interest totalling 1,350,000 shares, a decline of 8.2% from the September 30th total of 1,470,000 shares. Approximately 3.9% of the company's stock are sold short. Based on an average trading volume of 309,600 shares, the short-interest ratio is currently 4.4 days. Analyst Ratings ChangesALKT has been the subject of several recent research reports. Needham & Company LLC boosted their target price on shares of Alkami Technology from $17.00 to $20.00 and gave the stock a "buy" rating in a research report on Thursday, August 4th. Barclays boosted their target price on shares of Alkami Technology from $15.00 to $16.00 and gave the stock an "equal w...