Short Interest in Aqua Metals, Inc. (NASDAQ:AQMS) Grows By 50.8%

Aqua Metals, Inc. (NASDAQ:AQMS) was the recipient of a large growth in short interest in the month of 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 trading volume of 190,400 shares, the short-interest ratio is presently 2.3 days.

Aqua Metals Stock Performance

NASDAQ:AQMS remained flat at $2.07 during mid-day trading on Thursday. The company’s stock had a trading volume of 8,086 shares, compared to its average volume of 96,758. The stock has a market capitalization of $14.76 million, a price-to-earnings ratio of -0.43 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 company has a fifty day moving average price of $2.20 and a two-hundred day moving average price of $3.76.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Aqua Metals stock. Geode Capital Management LLC increased its holdings in shares of Aqua Metals, Inc. (NASDAQ:AQMS) by 22.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,341,382 shares of the business services provider’s stock after buying an additional 249,266 shares during the quarter. Geode Capital Management LLC owned 19.67% of Aqua Metals worth $251,000 as of its most recent SEC filing. 21.98% of the stock is owned by institutional investors and hedge funds.

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.