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BNY Mellon Increases Stake in Alterity Therapeutics

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BNY Mellon Increases Stake in Alterity Therapeutics

Confident Investing Starts Here:

Alterity Therapeutics ( (AU:ATH) ) just unveiled an announcement.

The Bank of New York Mellon Corporation (BNYMC) has increased its substantial holding in Alterity Therapeutics Limited, now holding a 27.03% voting power compared to the previous 26.01%. This change indicates a growing interest and confidence in Alterity’s operations, potentially impacting the company’s market positioning and stakeholder relations.

More about Alterity Therapeutics

Alterity Therapeutics Limited operates in the biotechnology industry, focusing on the development of therapies for neurodegenerative diseases. The company is dedicated to creating innovative treatments that address unmet medical needs, particularly in the area of brain health.

YTD Price Performance: 10.0%

Average Trading Volume: 20,625,708

Technical Sentiment Signal: Sell

Current Market Cap: A$91.27M

Learn more about ATH stock on TipRanks’ Stock Analysis page.

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