Aqua Metals, Inc. (NASDAQ:AQMS) Short Interest Up 20.4% in January

Aqua Metals, Inc. (NASDAQ:AQMS) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 374,900 shares, an increase of 20.4% from the January 15th total of 311,500 shares. Based on an average trading volume of 199,900 shares, the days-to-cover ratio is presently 1.9 days. Approximately 5.5% of the company’s stock are sold short.

Aqua Metals Stock Performance

Shares of AQMS stock traded up $0.21 during mid-day trading on Friday, hitting $2.24. 124,038 shares of the stock traded hands, compared to its average volume of 97,742. The stock’s fifty day moving average is $2.11 and its two-hundred day moving average is $3.01. Aqua Metals has a 52-week low of $1.33 and a 52-week high of $14.14.

Hedge Funds Weigh In On Aqua Metals

A hedge fund recently raised its stake in Aqua Metals stock. Geode Capital Management LLC increased its holdings in Aqua Metals, Inc. (NASDAQ:AQMS) by 22.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,341,382 shares of the business services provider’s stock after buying an additional 249,266 shares during the quarter. Geode Capital Management LLC owned about 19.67% of Aqua Metals worth $251,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 21.98% of the company’s stock.

About Aqua Metals

Aqua Metals, Inc engages in reinventing metals recycling activities with its patented AquaRefining technology. The company's technology produces metals and alloys that can be returned into the battery manufacturing supply chain markets, as well as sells metals for use in various advanced manufacturing industries.