Aqua Metals, Inc. (NASDAQ:AQMS) Short Interest Down 29.9% in January

Aqua Metals, Inc. (NASDAQ:AQMS) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totalling 311,500 shares, a decline of 29.9% from the December 31st total of 444,400 shares. Approximately 4.6% of the company’s shares are sold short. Based on an average daily volume of 197,200 shares, the short-interest ratio is currently 1.6 days.

Aqua Metals Stock Down 2.2 %

Shares of NASDAQ:AQMS traded down $0.04 during midday trading on Friday, reaching $1.79. The company’s stock had a trading volume of 43,354 shares, compared to its average volume of 86,251. The firm has a market cap of $12.76 million, a price-to-earnings ratio of -0.38 and a beta of 1.00. Aqua Metals has a 1 year low of $1.33 and a 1 year high of $14.14. The business has a 50 day moving average price of $2.19 and a 200 day moving average price of $3.40.

Institutional Investors Weigh In On Aqua Metals

A hedge fund recently raised its stake in Aqua Metals stock. Geode Capital Management LLC raised its position in shares of 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 firm owned 1,341,382 shares of the business services provider’s stock after acquiring an additional 249,266 shares during the period. Geode Capital Management LLC owned approximately 19.67% of Aqua Metals worth $251,000 at the end of the most recent reporting period. 21.98% of the stock is currently owned by hedge funds and other institutional investors.

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.