Short Interest in AmpliTech Group, Inc. (NASDAQ:AMPG) Decreases By 20.8%

AmpliTech Group, Inc. (NASDAQ:AMPG) was the target of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 454,200 shares, a drop of 20.8% from the January 31st total of 573,700 shares. Currently, 2.7% of the company’s shares are sold short. Based on an average trading volume of 8,060,000 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On AmpliTech Group

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

AmpliTech Group Stock Down 6.1 %

AmpliTech Group stock opened at $1.55 on Tuesday. AmpliTech Group has a fifty-two week low of $0.64 and a fifty-two week 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 firm has a market capitalization of $27.10 million, a price-to-earnings ratio of -1.91 and a beta of -1.27. The company’s 50 day simple moving average is $2.60 and its 200 day simple moving average is $1.56.

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.