5E Advanced Materials, Inc. (NASDAQ:FEAM) Short Interest Down 77.8% in February

5E Advanced Materials, Inc. (NASDAQ:FEAM) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 266,635 shares, a decrease of 77.8% from the January 29th total of 1,201,149 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average trading volume of 659,004 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 659,004 shares, the short-interest ratio is currently 0.4 days. Currently, 1.1% of the shares of the company are sold short.

5E Advanced Materials Stock Down 4.8%

Shares of FEAM stock traded down $0.10 during mid-day trading on Friday, reaching $2.00. 167,410 shares of the stock traded hands, compared to its average volume of 384,890. The company has a market cap of $47.02 million, a price-to-earnings ratio of -0.75 and a beta of 1.62. 5E Advanced Materials has a 1-year low of $1.66 and a 1-year high of $7.50. The stock’s fifty day simple moving average is $2.86 and its two-hundred day simple moving average is $3.79.

5E Advanced Materials (NASDAQ:FEAM) last issued its earnings results on Tuesday, February 17th. The company reported ($0.48) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.55) by $0.07. On average, equities research analysts anticipate that 5E Advanced Materials will post -9.22 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Bep Special Situations Iv Llc purchased 4,000,000 shares of 5E Advanced Materials stock in a transaction dated Monday, February 2nd. The stock was bought at an average cost of $2.00 per share, with a total value of $8,000,000.00. Following the purchase, the director owned 12,130,997 shares in the company, valued at approximately $24,261,994. The trade was a 49.19% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.21% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On 5E Advanced Materials

Hedge funds have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV purchased a new position in 5E Advanced Materials during the 4th quarter valued at about $674,000. XTX Topco Ltd purchased a new position in 5E Advanced Materials in the 4th quarter worth approximately $124,000. &PARTNERS bought a new position in 5E Advanced Materials during the 4th quarter valued at about $191,000. Bluescape Energy Partners LLC boosted its stake in shares of 5E Advanced Materials by 7.0% in the 4th quarter. Bluescape Energy Partners LLC now owns 8,130,997 shares of the company’s stock worth $24,800,000 after buying an additional 533,648 shares during the last quarter. Finally, Marshall Wace LLP bought a new stake in 5E Advanced Materials during the fourth quarter valued at approximately $282,000.

Analyst Ratings Changes

A number of research firms recently weighed in on FEAM. Wall Street Zen downgraded 5E Advanced Materials from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. HC Wainwright reissued a “buy” rating and issued a $9.25 target price on shares of 5E Advanced Materials in a research note on Friday, November 21st. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of 5E Advanced Materials in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, 5E Advanced Materials has a consensus rating of “Hold” and a consensus target price of $8.13.

About 5E Advanced Materials

5E Advanced Materials, Inc develops and manufactures high-performance anode materials for lithium-ion batteries, specializing in silicon-carbon composite solutions. The company’s proprietary processes yield anode materials that deliver enhanced energy density, extended cycle life and faster charge rates compared to conventional graphite anodes. These advanced materials are targeted at electric vehicle manufacturers, consumer electronics producers and grid-scale energy storage providers seeking to improve battery performance and sustainability.

The firm operates a pilot production facility in Harrodsburg, Kentucky, where it carries out research, development and small-scale manufacturing to validate its processes and assess commercial viability.