Grassi Investment Management Has $281,000 Stock Holdings in American Battery Technology (NASDAQ:ABAT)

Grassi Investment Management decreased its holdings in shares of American Battery Technology (NASDAQ:ABAT) by 75.9% in the 4th quarter, HoldingsChannel reports. The firm owned 114,164 shares of the company’s stock after selling 360,000 shares during the period. Grassi Investment Management’s holdings in American Battery Technology were worth $281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. State Street Corp increased its position in American Battery Technology by 26.9% during the 3rd quarter. State Street Corp now owns 204,200 shares of the company’s stock worth $218,000 after buying an additional 43,300 shares during the period. Geode Capital Management LLC increased its position in American Battery Technology by 6.6% during the 3rd quarter. Geode Capital Management LLC now owns 645,063 shares of the company’s stock worth $690,000 after buying an additional 40,169 shares during the period. Dopkins Wealth Management LLC increased its position in shares of American Battery Technology by 76.5% in the third quarter. Dopkins Wealth Management LLC now owns 50,000 shares of the company’s stock worth $54,000 after purchasing an additional 21,664 shares during the period. Finally, Tidal Investments LLC increased its position in shares of American Battery Technology by 5.9% in the third quarter. Tidal Investments LLC now owns 77,475 shares of the company’s stock worth $83,000 after purchasing an additional 4,284 shares during the period. Institutional investors and hedge funds own 9.88% of the company’s stock.

American Battery Technology Trading Down 7.8 %

American Battery Technology stock traded down $0.16 during midday trading on Monday, reaching $1.88. The company’s stock had a trading volume of 2,914,925 shares, compared to its average volume of 7,936,770. The business has a 50-day moving average price of $1.39 and a 200-day moving average price of $1.16. American Battery Technology has a 52 week low of $0.73 and a 52 week high of $4.11. The stock has a market cap of $153.21 million, a PE ratio of -1.92 and a beta of -2.81.

American Battery Technology Profile

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries.