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

AmpliTech Group, Inc. (NASDAQ:AMPG) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 76,300 shares, a growth of 25.1% from the March 31st total of 61,000 shares. Based on an average daily volume of 23,100 shares, the days-to-cover ratio is currently 3.3 days. Currently, 1.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On AmpliTech Group

A hedge fund recently bought a new stake in AmpliTech Group stock. AMH Equity Ltd acquired a new position in AmpliTech Group, Inc. (NASDAQ:AMPG) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 93,960 shares of the company’s stock, valued at approximately $190,000. AmpliTech Group comprises approximately 0.2% of AMH Equity Ltd’s portfolio, making the stock its 25th biggest holding. AMH Equity Ltd owned 0.97% of AmpliTech Group as of its most recent filing with the Securities and Exchange Commission. 10.99% of the stock is currently owned by hedge funds and other institutional investors.

AmpliTech Group Trading Down 0.4 %

NASDAQ AMPG opened at $2.28 on Tuesday. AmpliTech Group has a 12 month low of $1.50 and a 12 month high of $3.32. The stock’s 50 day moving average is $2.05 and its 200 day moving average is $1.92. The stock has a market cap of $22.15 million, a PE ratio of -9.12 and a beta of 0.96.

AmpliTech Group (NASDAQ:AMPG) last announced its quarterly earnings results on Monday, April 1st. The company reported ($0.05) earnings per share (EPS) for the quarter. AmpliTech Group had a negative net margin of 15.82% and a negative return on equity of 8.98%. The company had revenue of $4.01 million during the quarter.

AmpliTech Group Company Profile

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.