American Acquisition Opportunity Inc. (NASDAQ:AMAO) Sees Significant Increase in Short Interest

American Acquisition Opportunity Inc. (NASDAQ:AMAO – Get Rating) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,300 shares, an increase of 76.9% from the February 13th total of 1,300 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Trading of American Acquisition Opportunity

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Shay Capital LLC acquired a new position in shares of American Acquisition Opportunity in the first quarter valued at approximately $365,000. SkyView Investment Advisors LLC purchased a new stake in shares of American Acquisition Opportunity during the first quarter worth $881,000. Walleye Trading LLC purchased a new stake in shares of American Acquisition Opportunity during the second quarter worth $113,000. Cetera Advisor Networks LLC acquired a new stake in shares of American Acquisition Opportunity in the second quarter valued at $135,000. Finally, UBS Group AG boosted its holdings in American Acquisition Opportunity by 81.6% in the third quarter. UBS Group AG now owns 2,520 shares of the company’s stock valued at $26,000 after purchasing an additional 1,132 shares during the period. 80.83% of the stock is currently owned by hedge funds and other institutional investors.

American Acquisition Opportunity Stock Up 0.3 %

Shares of NASDAQ AMAO opened at $10.30 on Monday. American Acquisition Opportunity has a twelve month low of $9.50 and a twelve month high of $11.41. The stock has a fifty day simple moving average of $10.15 and a 200-day simple moving average of $10.10.

American Acquisition Opportunity Company Profile

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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.