Aqua Metals, Inc. (NASDAQ:AQMS) Short Interest Update

Aqua Metals, Inc. (NASDAQ:AQMS) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 374,900 shares, a growth of 20.4% from the January 15th total of 311,500 shares. Based on an average daily trading volume, of 199,900 shares, the days-to-cover ratio is presently 1.9 days. Currently, 5.5% of the company’s stock are sold short.

Aqua Metals Trading Up 10.3 %

AQMS opened at $2.24 on Friday. Aqua Metals has a 12-month low of $1.33 and a 12-month high of $14.14. The business’s fifty day simple moving average is $2.11 and its 200-day simple moving average is $3.03. The company has a market capitalization of $15.98 million, a price-to-earnings ratio of -0.47 and a beta of 0.97.

Hedge Funds Weigh In On Aqua Metals

An institutional investor recently raised its position in Aqua Metals stock. Geode Capital Management LLC lifted its position in shares of Aqua Metals, Inc. (NASDAQ:AQMS) by 22.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,341,382 shares of the business services provider’s stock after buying an additional 249,266 shares during the quarter. Geode Capital Management LLC owned approximately 19.67% of Aqua Metals worth $251,000 at the end of the most recent quarter. 21.98% of the stock is currently owned by hedge funds and other institutional investors.

Aqua Metals Company Profile

Aqua Metals, Inc engages in reinventing metals recycling activities with its patented AquaRefining technology. The company's technology produces metals and alloys that can be returned into the battery manufacturing supply chain markets, as well as sells metals for use in various advanced manufacturing industries.