Aqua Metals, Inc. (NASDAQ:AQMS) Sees Large Growth in Short Interest

Aqua Metals, Inc. (NASDAQ:AQMS) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 444,400 shares, a growth of 50.8% from the December 15th total of 294,600 shares. Currently, 6.6% of the company’s shares are sold short. Based on an average daily volume of 190,400 shares, the days-to-cover ratio is currently 2.3 days.

Institutional Trading of Aqua Metals

A hedge fund recently raised its stake in Aqua Metals stock. Geode Capital Management LLC boosted its holdings in Aqua Metals, Inc. (NASDAQ:AQMS) by 22.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,341,382 shares of the business services provider’s stock after purchasing an additional 249,266 shares during the quarter. Geode Capital Management LLC owned about 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 Trading Down 0.5 %

Aqua Metals stock traded down $0.01 during trading hours on Wednesday, hitting $2.05. 18,407 shares of the stock traded hands, compared to its average volume of 103,811. Aqua Metals has a one year low of $1.33 and a one year high of $14.14. The firm’s 50-day moving average price is $2.20 and its two-hundred day moving average price is $3.77. The company has a market cap of $14.62 million, a PE ratio of -0.43 and a beta of 1.00.

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.