AmpliTech Group, Inc. (NASDAQ:AMPG) Short Interest Down 60.9% in December

AmpliTech Group, Inc. (NASDAQ:AMPG) saw a large decrease in short interest in December. As of December 31st, there was short interest totalling 896,400 shares, a decrease of 60.9% from the December 15th total of 2,290,000 shares. Based on an average daily trading volume, of 7,500,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 6.0% of the company’s stock are short sold.

Institutional Trading of AmpliTech Group

A hedge fund recently raised its stake in AmpliTech Group stock. Bard Associates Inc. raised its position in shares of AmpliTech Group, Inc. (NASDAQ:AMPG) by 374.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,989,414 shares of the company’s stock after purchasing an additional 1,569,794 shares during the period. Bard Associates Inc. owned 17.94% of AmpliTech Group worth $1,552,000 as of its most recent SEC filing. 10.99% of the stock is owned by hedge funds and other institutional investors.

AmpliTech Group Trading Up 8.7 %

Shares of NASDAQ:AMPG opened at $2.13 on Thursday. The firm has a fifty day moving average of $2.11 and a two-hundred day moving average of $1.35. The company has a quick ratio of 1.98, a current ratio of 4.91 and a debt-to-equity ratio of 0.02. AmpliTech Group has a 12-month low of $0.64 and a 12-month high of $6.43. The firm has a market capitalization of $37.24 million, a P/E ratio of -2.63 and a beta of -1.17.

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.