Alpha Modus Holdings, Inc. (NASDAQ:AMOD) Short Interest Down 33.8% in May

Alpha Modus Holdings, Inc. (NASDAQ:AMOD) was the target of a large decline in short interest in May. As of May 29th, there was short interest totaling 841,311 shares, a decline of 33.8% from the May 14th total of 1,270,691 shares. Currently, 4.0% of the company’s stock are short sold. Based on an average daily volume of 858,784 shares, the short-interest ratio is currently 1.0 days.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AMOD. Wall Street Zen lowered Alpha Modus from a “hold” rating to a “sell” rating in a research report on Monday, March 16th. Maxim Group began coverage on Alpha Modus in a research report on Wednesday, March 25th. They set a “buy” rating and a $0.04 target price for the company. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Alpha Modus in a research report on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Alpha Modus presently has a consensus rating of “Hold” and a consensus target price of $0.04.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in AMOD. XTX Topco Ltd purchased a new position in shares of Alpha Modus in the 2nd quarter valued at $25,000. Polar Asset Management Partners Inc. purchased a new position in shares of Alpha Modus in the 4th quarter valued at $62,000. Millennium Management LLC purchased a new position in shares of Alpha Modus in the 3rd quarter valued at $118,000. Finally, Geode Capital Management LLC increased its holdings in shares of Alpha Modus by 12.6% in the 4th quarter. Geode Capital Management LLC now owns 340,282 shares of the company’s stock valued at $157,000 after acquiring an additional 38,131 shares during the period. 15.94% of the stock is currently owned by hedge funds and other institutional investors.

Alpha Modus Stock Up 173,233.3%

Shares of NASDAQ AMOD opened at $5.72 on Tuesday. The business has a fifty day simple moving average of $0.12 and a two-hundred day simple moving average of $0.05. The firm has a market cap of $943.11 million, a PE ratio of -16.34 and a beta of 0.51. Alpha Modus has a twelve month low of $0.00 and a twelve month high of $6.64.

Alpha Modus (NASDAQ:AMOD) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.08) earnings per share (EPS) for the quarter.

About Alpha Modus

Alpha Modus Holdings, Inc operates as a blank check company. The company was founded on December 13, 2024 and is headquartered in Cornelius, NC.