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

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

AmpliTech Group Stock Up 1.7 %

NASDAQ AMPG opened at $1.79 on Wednesday. The stock’s 50 day moving average is $2.32 and its 200 day moving average is $1.41. The company has a current ratio of 4.91, a quick ratio of 1.98 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 stock has a market cap of $31.29 million, a PE ratio of -2.21 and a beta of -1.17.

Institutional Trading of AmpliTech Group

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

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.