Short Interest in AmpliTech Group, Inc. (NASDAQ:AMPG) Rises By 12.7%

AmpliTech Group, Inc. (NASDAQ:AMPG) was the recipient of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 573,700 shares, an increase of 12.7% from the January 15th total of 508,900 shares. Approximately 3.5% of the company’s shares are sold short. Based on an average trading volume of 8,000,000 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On AmpliTech Group

A number of hedge funds and other institutional investors have recently modified their holdings of AMPG. Bard Associates Inc. grew its position in shares of AmpliTech Group by 374.1% in the 3rd quarter. Bard Associates Inc. now owns 1,989,414 shares of the company’s stock valued at $1,552,000 after buying an additional 1,569,794 shares during the last quarter. Jane Street Group LLC grew its position in AmpliTech Group by 703.7% during the 4th quarter. Jane Street Group LLC now owns 124,406 shares of the company’s stock worth $639,000 after purchasing an additional 108,927 shares during the last quarter. Geode Capital Management LLC grew its position in AmpliTech Group by 17.4% during the 4th quarter. Geode Capital Management LLC now owns 85,911 shares of the company’s stock worth $442,000 after purchasing an additional 12,708 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of AmpliTech Group in the fourth quarter valued at about $99,000. 10.99% of the stock is currently owned by institutional investors and hedge funds.

AmpliTech Group Stock Down 7.7 %

AmpliTech Group stock traded down $0.17 during mid-day trading on Friday, reaching $2.05. 745,414 shares of the company’s stock were exchanged, compared to its average volume of 1,728,732. AmpliTech Group has a twelve month low of $0.64 and a twelve month high of $6.43. 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 company has a fifty day moving average of $2.64 and a 200-day moving average of $1.50.

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.