AmpliTech Group, Inc. (NASDAQ:AMPG) Short Interest Update

AmpliTech Group, Inc. (NASDAQ:AMPG) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 76,300 shares, an increase of 25.1% from the March 31st total of 61,000 shares. Based on an average daily volume of 23,100 shares, the days-to-cover ratio is presently 3.3 days. Approximately 1.1% of the shares of the company are short sold.

AmpliTech Group Stock Down 2.6 %

Shares of NASDAQ:AMPG traded down $0.06 during midday trading on Friday, reaching $2.29. 10,614 shares of the company traded hands, compared to its average volume of 22,424. AmpliTech Group has a 12 month low of $1.50 and a 12 month high of $3.32. The firm has a market capitalization of $22.26 million, a price-to-earnings ratio of -9.16 and a beta of 0.96. The firm’s fifty day moving average price is $2.04 and its two-hundred day moving average price is $1.92.

AmpliTech Group (NASDAQ:AMPG) last released its quarterly earnings data on Monday, April 1st. The company reported ($0.05) earnings per share (EPS) for the quarter. AmpliTech Group had a negative net margin of 15.82% and a negative return on equity of 8.98%. The company had revenue of $4.01 million for the quarter.

Institutional Trading of AmpliTech Group

An institutional investor recently bought a new position in AmpliTech Group stock. AMH Equity Ltd acquired a new position in AmpliTech Group, Inc. (NASDAQ:AMPG) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 93,960 shares of the company’s stock, valued at approximately $190,000. AmpliTech Group makes up 0.2% of AMH Equity Ltd’s investment portfolio, making the stock its 25th biggest holding. AMH Equity Ltd owned 0.97% of AmpliTech Group at the end of the most recent quarter. 10.99% of the stock is currently owned by institutional investors.

AmpliTech Group Company Profile

AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company's products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.