AMG Critical Materials (OTCMKTS:AMVMF) Short Interest Update

AMG Critical Materials (OTCMKTS:AMVMF) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 60,100 shares, a growth of 71.7% from the August 15th total of 35,000 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 85.9 days. Based on an average daily volume of 700 shares, the days-to-cover ratio is presently 85.9 days.

AMG Critical Materials Stock Up 7.4%

Shares of AMG Critical Materials stock opened at $32.70 on Monday. AMG Critical Materials has a one year low of $13.00 and a one year high of $33.47. The business has a 50-day simple moving average of $29.45 and a 200 day simple moving average of $22.84.

Analyst Ratings Changes

AMVMF has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on AMG Critical Materials in a research note on Thursday, June 26th. They issued a “buy” rating on the stock. Citigroup reaffirmed a “buy” rating on shares of AMG Critical Materials in a research report on Wednesday, September 3rd. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

About AMG Critical Materials

AMG Critical Materials N.V. develops, produces, and sells energy storage materials. The company operates through three segments: AMG Clean Energy Materials, AMG Critical Minerals, and AMG Critical Materials Technologies. It offers engineered specialty metal products and vacuum furnaces for specialized alloying applications; and heat treatment services to the transportation, infrastructure, energy, and specialty metals and chemicals markets.