Short Interest in Aqua Metals, Inc. (NASDAQ:AQMS) Declines By 29.9%

Aqua Metals, Inc. (NASDAQ:AQMS) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 311,500 shares, a decline of 29.9% from the December 31st total of 444,400 shares. Currently, 4.6% of the company’s shares are sold short. Based on an average daily volume of 197,200 shares, the short-interest ratio is presently 1.6 days.

Aqua Metals Stock Performance

Shares of NASDAQ:AQMS traded down $0.07 during mid-day trading on Friday, reaching $1.76. 58,570 shares of the company’s stock were exchanged, compared to its average volume of 80,939. The firm has a market capitalization of $12.55 million, a price-to-earnings ratio of -0.37 and a beta of 1.00. Aqua Metals has a twelve month low of $1.33 and a twelve month high of $14.14. The business’s fifty day moving average price is $2.19 and its 200-day moving average price is $3.36.

Institutional Trading of Aqua Metals

An institutional investor recently raised its position in Aqua Metals stock. Geode Capital Management LLC grew its position in Aqua Metals, Inc. (NASDAQ:AQMS) by 22.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,341,382 shares of the business services provider’s stock after purchasing an additional 249,266 shares during the quarter. Geode Capital Management LLC owned approximately 19.67% of Aqua Metals worth $251,000 as of its most recent filing with the SEC. 21.98% of the stock is owned by hedge funds and other institutional investors.

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.