Alpha Modus Holdings, Inc. (NASDAQ:AMOD) Stock Short Interest Report for October

Alpha Modus Holdings, Inc. (NASDAQ:AMOD) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 97,261 shares, a growth of 151.0% from the September 30th total of 38,752 shares. Currently, 8.9% of the shares of the company are sold short. Based on an average daily volume of 24,581,786 shares, the short-interest ratio is currently 0.0 days.

Alpha Modus Stock Up 0.6%

NASDAQ AMOD traded up $0.01 during midday trading on Friday, hitting $1.03. The company had a trading volume of 128,927 shares, compared to its average volume of 1,998,956. The stock has a market cap of $5.12 million, a price-to-earnings ratio of -0.13 and a beta of 0.58. Alpha Modus has a fifty-two week low of $0.83 and a fifty-two week high of $52.00. The firm has a fifty day simple moving average of $2.11 and a two-hundred day simple moving average of $10.93.

Alpha Modus (NASDAQ:AMOD) last released its quarterly earnings results on Friday, August 14th. The company reported ($1.02) EPS for the quarter, beating the consensus estimate of ($1.60) by $0.58.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut Alpha Modus from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, October 9th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $60.00.

Alpha Modus Company Profile

Alpha Modus Holdings, Inc (NASDAQ: AMOD) is a technology company focused on applying artificial intelligence and machine learning to retail and financial-market applications. Its solutions are designed to process and analyze large volumes of data to generate business and investment insights.

The company’s technology is intended to support retail analytics, including the evaluation of consumer behavior, market trends, pricing, and other operational factors. Alpha Modus also develops tools for financial-market analysis and decision-making, with an emphasis on using data-driven models to identify patterns and opportunities.

Alpha Modus serves businesses and financial-market participants seeking analytics and automation solutions.