Autonomix Medical, Inc. (NASDAQ:AMIX) Sees Significant Decline in Short Interest

Autonomix Medical, Inc. (NASDAQ:AMIX) was the target of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 75,900 shares, a decline of 23.9% from the February 13th total of 99,700 shares. Approximately 4.4% of the company’s stock are sold short. Based on an average daily trading volume, of 347,600 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Autonomix Medical stock. Citadel Advisors LLC bought a new position in shares of Autonomix Medical, Inc. (NASDAQ:AMIX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 47,884 shares of the company’s stock, valued at approximately $180,000. Citadel Advisors LLC owned about 4.16% of Autonomix Medical at the end of the most recent quarter. Hedge funds and other institutional investors own 10.78% of the company’s stock.

Autonomix Medical Trading Down 9.8 %

Shares of Autonomix Medical stock opened at $1.85 on Monday. The company has a fifty day simple moving average of $2.77 and a 200-day simple moving average of $7.24. The stock has a market cap of $4.56 million, a price-to-earnings ratio of -0.14 and a beta of -5.40. Autonomix Medical has a 12-month low of $1.83 and a 12-month high of $75.80.

Autonomix Medical (NASDAQ:AMIX) last announced its quarterly earnings results on Thursday, February 13th. The company reported ($1.46) earnings per share for the quarter. On average, analysts forecast that Autonomix Medical will post -10 earnings per share for the current fiscal year.

About Autonomix Medical

Autonomix Medical, Inc, a development stage medical device development company, focuses on advancing technologies for sensing and treating disorders relating to the peripheral nervous system. Its technology platform includes a catheter-based microchip-enabled sensing array to detect and differentiate peripheral neural signals.