American Battery Technology (NASDAQ:ABAT – Get Free Report) shares were up 1% during mid-day trading on Wednesday . The company traded as high as $1.08 and last traded at $1.05. Approximately 148,338 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 555,421 shares. The stock had previously closed at $1.04.
American Battery Technology Stock Down 1.0 %
The stock has a fifty day moving average price of $1.05 and a 200-day moving average price of $1.37.
Hedge Funds Weigh In On American Battery Technology
An institutional investor recently bought a new position in American Battery Technology stock. Scarborough Advisors LLC purchased a new position in shares of American Battery Technology (NASDAQ:ABAT – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,753 shares of the company’s stock, valued at approximately $46,000. 9.88% of the stock is currently owned by institutional investors and hedge funds.
About American Battery Technology
American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries.
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