American Acquisition Opportunity Inc. (NASDAQ:AMAO) Short Interest Up 1,900.0% in April

American Acquisition Opportunity Inc. (NASDAQ:AMAOGet Rating) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 12,000 shares, a growth of 1,900.0% from the March 31st total of 600 shares. Based on an average daily volume of 69,200 shares, the days-to-cover ratio is currently 0.2 days.

Shares of American Acquisition Opportunity stock traded down $0.04 during trading on Wednesday, reaching $10.34. 30,231 shares of the company’s stock were exchanged, compared to its average volume of 78,911. American Acquisition Opportunity has a 1-year low of $9.53 and a 1-year high of $11.41. The company has a 50-day simple moving average of $10.21.

Several institutional investors have recently bought and sold shares of AMAO. Millennium Management LLC acquired a new position in shares of American Acquisition Opportunity during the 2nd quarter worth $284,000. Hsbc Holdings PLC acquired a new position in shares of American Acquisition Opportunity during the 3rd quarter worth $4,152,000. Wolverine Asset Management LLC acquired a new position in shares of American Acquisition Opportunity during the 3rd quarter worth $86,000. Marshall Wace LLP acquired a new position in shares of American Acquisition Opportunity during the 3rd quarter worth $114,000. Finally, Berkley W R Corp raised its holdings in shares of American Acquisition Opportunity by 5.0% during the 3rd quarter. Berkley W R Corp now owns 514,374 shares of the company’s stock worth $5,082,000 after buying an additional 24,641 shares in the last quarter. 71.58% of the stock is owned by institutional investors.

American Acquisition Opportunity Company Profile (Get Rating)

American Acquisition Opportunity Inc does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more target businesses in the land holdings and resources industry in the United States.

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