Aqua Metals, Inc. (NASDAQ:AQMS) Short Interest Up 50.8% in December

Aqua Metals, Inc. (NASDAQ:AQMS) saw a significant 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 stock are sold short. Based on an average trading volume of 190,400 shares, the short-interest ratio is presently 2.3 days.

Aqua Metals Stock Performance

Shares of NASDAQ:AQMS remained flat at $2.07 during midday trading on Thursday. 8,086 shares of the company were exchanged, compared to its average volume of 96,758. The firm has a market cap of $14.76 million, a price-to-earnings ratio of -0.43 and a beta of 1.00. Aqua Metals has a fifty-two week low of $1.33 and a fifty-two week high of $14.14. The stock’s fifty day moving average price is $2.20 and its two-hundred day moving average price is $3.76.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Aqua Metals stock. Geode Capital Management LLC boosted its holdings in Aqua Metals, Inc. (NASDAQ:AQMS) by 22.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,341,382 shares of the business services provider’s stock after purchasing an additional 249,266 shares during the period. Geode Capital Management LLC owned about 19.67% of Aqua Metals worth $251,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 21.98% of the company’s stock.

About Aqua Metals

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.