5E Advanced Materials, Inc. (NASDAQ:FEAM) Sees Large Increase in Short Interest

5E Advanced Materials, Inc. (NASDAQ:FEAM) saw a significant growth in short interest in January. As of January 30th, there was short interest totaling 1,201,149 shares, a growth of 228.0% from the January 15th total of 366,198 shares. Currently, 5.1% of the shares of the company are short sold. Based on an average daily volume of 462,485 shares, the short-interest ratio is presently 2.6 days. Based on an average daily volume of 462,485 shares, the short-interest ratio is presently 2.6 days. Currently, 5.1% of the shares of the company are short sold.

5E Advanced Materials Trading Down 3.6%

Shares of FEAM traded down $0.08 during trading hours on Thursday, hitting $2.16. The company had a trading volume of 538,654 shares, compared to its average volume of 535,557. The company has a market capitalization of $50.78 million, a PE ratio of -0.31 and a beta of 1.62. 5E Advanced Materials has a one year low of $2.00 and a one year high of $8.32. The company’s fifty day moving average price is $3.27 and its two-hundred day moving average price is $3.92.

5E Advanced Materials (NASDAQ:FEAM) last issued its quarterly earnings data on Thursday, November 13th. The company reported ($0.51) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.58) by $0.07. Analysts forecast that 5E Advanced Materials will post -9.22 earnings per share for the current year.

Insider Activity

In related news, Director Bep Special Situations Iv Llc acquired 4,000,000 shares of 5E Advanced Materials stock in a transaction dated Monday, February 2nd. The shares were purchased at an average price of $2.00 per share, for a total transaction of $8,000,000.00. Following the completion of the transaction, the director directly owned 12,130,997 shares in the company, valued at approximately $24,261,994. This represents a 49.19% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.21% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On 5E Advanced Materials

Large investors have recently bought and sold shares of the company. Hohimer Wealth Management LLC acquired a new stake in 5E Advanced Materials in the third quarter valued at approximately $785,000. Marex Group plc acquired a new stake in 5E Advanced Materials in the 2nd quarter valued at $665,000. Geode Capital Management LLC grew its stake in 5E Advanced Materials by 112.9% in the 4th quarter. Geode Capital Management LLC now owns 77,780 shares of the company’s stock valued at $237,000 after acquiring an additional 41,238 shares during the period. Potomac Capital Management Inc. purchased a new stake in 5E Advanced Materials in the 4th quarter worth $186,000. Finally, Jane Street Group LLC acquired a new position in 5E Advanced Materials during the fourth quarter worth $111,000.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on FEAM shares. Wall Street Zen upgraded shares of 5E Advanced Materials from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 5E Advanced Materials in a research note on Wednesday, January 21st. Finally, HC Wainwright reiterated a “buy” rating and issued a $9.25 price target on shares of 5E Advanced Materials in a report on Friday, November 21st. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $8.13.

5E Advanced Materials Company Profile

5E Advanced Materials, Inc develops and manufactures high-performance anode materials for lithium-ion batteries, specializing in silicon-carbon composite solutions. The company’s proprietary processes yield anode materials that deliver enhanced energy density, extended cycle life and faster charge rates compared to conventional graphite anodes. These advanced materials are targeted at electric vehicle manufacturers, consumer electronics producers and grid-scale energy storage providers seeking to improve battery performance and sustainability.

The firm operates a pilot production facility in Harrodsburg, Kentucky, where it carries out research, development and small-scale manufacturing to validate its processes and assess commercial viability.