AmpliTech Group, Inc. (NASDAQ:AMPG) Short Interest Update

AmpliTech Group, Inc. (NASDAQ:AMPGGet Free Report) was the recipient of a large growth in short interest in May. As of May 31st, there was short interest totalling 74,300 shares, a growth of 14.8% from the May 15th total of 64,700 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily volume of 44,900 shares, the short-interest ratio is currently 1.7 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in AmpliTech Group stock. AMH Equity Ltd grew its position in shares of AmpliTech Group, Inc. (NASDAQ:AMPGFree Report) by 11.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,409 shares of the company’s stock after purchasing an additional 10,449 shares during the period. AMH Equity Ltd owned approximately 1.08% of AmpliTech Group worth $196,000 at the end of the most recent quarter. 10.99% of the stock is currently owned by hedge funds and other institutional investors.

AmpliTech Group Price Performance

AMPG opened at $1.07 on Tuesday. The company has a fifty day moving average price of $1.83 and a 200-day moving average price of $1.90. The firm has a market capitalization of $10.40 million, a P/E ratio of -1.60 and a beta of 0.59. AmpliTech Group has a one year low of $1.00 and a one year high of $2.72.

AmpliTech Group (NASDAQ:AMPGGet Free Report) last released its quarterly earnings results on Monday, April 1st. The company reported ($0.05) EPS for the quarter. The firm had revenue of $4.01 million for the quarter. AmpliTech Group had a negative net margin of 47.51% and a negative return on equity of 25.21%.

AmpliTech Group Company Profile

(Get Free Report)

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.

Further Reading

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