Short Interest in Americas Silver Corp (NYSEAMERICAN:USAS) Increases By 158.1%

Americas Silver Corp (NYSEAMERICAN:USAS) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 941,600 shares, a growth of 158.1% from the January 31st total of 364,800 shares. Based on an average daily volume of 849,600 shares, the short-interest ratio is currently 1.1 days.

Wall Street Analysts Forecast Growth

Separately, Cormark upgraded shares of Americas Silver to a “moderate buy” rating in a research note on Thursday, January 23rd.

Americas Silver Price Performance

USAS traded down $0.00 during trading on Friday, reaching $0.46. 601,659 shares of the stock were exchanged, compared to its average volume of 981,504. The company has a market cap of $114.96 million, a price-to-earnings ratio of -2.58 and a beta of 1.20. The company has a current ratio of 0.42, a quick ratio of 0.28 and a debt-to-equity ratio of 0.18. Americas Silver has a twelve month low of $0.20 and a twelve month high of $0.60.

Institutional Investors Weigh In On Americas Silver

Institutional investors and hedge funds have recently modified their holdings of the company. XTX Topco Ltd acquired a new stake in Americas Silver during the 3rd quarter valued at $26,000. HighTower Advisors LLC acquired a new position in Americas Silver during the fourth quarter valued at approximately $47,000. American Century Companies Inc. bought a new stake in shares of Americas Silver during the 4th quarter worth $73,000. Bank of America Corp DE raised its stake in Americas Silver by 273,321.1% during the fourth quarter. Bank of America Corp DE now owns 207,800 shares of the company’s stock worth $78,000 after acquiring an additional 207,724 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of Americas Silver in the fourth quarter worth about $94,000. 13.38% of the stock is owned by institutional investors.

About Americas Silver

Americas Gold and Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of mineral properties. The company explores for silver, lead, zinc and copper. It principally owns 100% interests in the Cosalá Operations consisting of 67 mining concessions that cover approximately 19,385 hectares located in the state of Sinaloa, Mexico; and Galena Complex situated near the town of Wallace in the state of Idaho, the United States.