AmpliTech Group, Inc. (NASDAQ:AMPG) Short Interest Update

AmpliTech Group, Inc. (NASDAQ:AMPG) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 896,400 shares, a decline of 60.9% from the December 31st total of 2,290,000 shares. Approximately 6.0% of the shares of the company are sold short. Based on an average daily volume of 7,500,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of AmpliTech Group

A hedge fund recently raised its stake in AmpliTech Group stock. Bard Associates Inc. lifted its stake in AmpliTech Group, Inc. (NASDAQ:AMPG) by 374.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,989,414 shares of the company’s stock after acquiring an additional 1,569,794 shares during the period. Bard Associates Inc. owned approximately 17.94% of AmpliTech Group worth $1,552,000 at the end of the most recent reporting period. 10.99% of the stock is owned by hedge funds and other institutional investors.

AmpliTech Group Stock Performance

Shares of AmpliTech Group stock traded up $0.02 on Thursday, reaching $1.89. 368,015 shares of the company traded hands, compared to its average volume of 3,433,501. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.91 and a quick ratio of 1.98. The firm has a market capitalization of $33.04 million, a PE ratio of -2.33 and a beta of -1.17. The company has a 50 day moving average of $2.34 and a 200 day moving average of $1.42. AmpliTech Group has a 52 week low of $0.64 and a 52 week high of $6.43.

About AmpliTech Group

AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company’s products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.