AmpliTech Group, Inc. (NASDAQ:AMPG) Short Interest Down 60.9% in January

AmpliTech Group, Inc. (NASDAQ:AMPGGet Free Report) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 896,400 shares, a decline of 60.9% from the December 31st total of 2,290,000 shares. Based on an average trading volume of 7,500,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 6.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On AmpliTech Group

An institutional investor recently raised its position in AmpliTech Group stock. Bard Associates Inc. increased its stake in shares of AmpliTech Group, Inc. (NASDAQ:AMPGFree Report) by 374.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,989,414 shares of the company’s stock after purchasing an additional 1,569,794 shares during the quarter. Bard Associates Inc. owned 17.94% of AmpliTech Group worth $1,552,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 10.99% of the company’s stock.

AmpliTech Group Stock Performance

NASDAQ AMPG opened at $1.79 on Wednesday. The company has a market cap of $31.29 million, a P/E ratio of -2.21 and a beta of -1.17. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.98 and a current ratio of 4.91. The business’s 50 day moving average price is $2.32 and its 200-day moving average price is $1.41. AmpliTech Group has a fifty-two week low of $0.64 and a fifty-two week high of $6.43.

AmpliTech Group Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for AmpliTech Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AmpliTech Group and related companies with MarketBeat.com's FREE daily email newsletter.