Grassi Investment Management Has $281,000 Stock Position in American Battery Technology (NASDAQ:ABAT)

Grassi Investment Management lessened its stake in American Battery Technology (NASDAQ:ABAT) by 75.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 114,164 shares of the company’s stock after selling 360,000 shares during the quarter. Grassi Investment Management owned approximately 0.14% of American Battery Technology worth $281,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ABAT. Dopkins Wealth Management LLC boosted its holdings in shares of American Battery Technology by 76.5% in the 3rd quarter. Dopkins Wealth Management LLC now owns 50,000 shares of the company’s stock valued at $54,000 after buying an additional 21,664 shares during the last quarter. State Street Corp boosted its holdings in shares of American Battery Technology by 26.9% in the 3rd quarter. State Street Corp now owns 204,200 shares of the company’s stock valued at $218,000 after buying an additional 43,300 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of American Battery Technology by 6.6% in the 3rd quarter. Geode Capital Management LLC now owns 645,063 shares of the company’s stock valued at $690,000 after buying an additional 40,169 shares during the last quarter. Finally, Tidal Investments LLC boosted its holdings in shares of American Battery Technology by 5.9% in the 3rd quarter. Tidal Investments LLC now owns 77,475 shares of the company’s stock valued at $83,000 after buying an additional 4,284 shares during the last quarter. Institutional investors and hedge funds own 9.88% of the company’s stock.

American Battery Technology Stock Down 7.8 %

Shares of NASDAQ ABAT traded down $0.16 during trading hours on Monday, hitting $1.88. The company had a trading volume of 2,914,925 shares, compared to its average volume of 7,936,770. The stock has a market capitalization of $153.21 million, a P/E ratio of -1.92 and a beta of -2.81. American Battery Technology has a 1-year low of $0.73 and a 1-year high of $4.11. The firm’s 50 day moving average is $1.39 and its 200-day moving average is $1.16.

American Battery Technology Profile

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries.