AMG Critical Materials (OTCMKTS:AMVMF) Short Interest Update

AMG Critical Materials (OTCMKTS:AMVMF) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 35,800 shares, a drop of 40.4% from the August 31st total of 60,100 shares. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 179.0 days. Based on an average trading volume of 200 shares, the days-to-cover ratio is currently 179.0 days.

AMG Critical Materials Stock Down 1.2%

OTCMKTS:AMVMF opened at $34.92 on Monday. AMG Critical Materials has a 1 year low of $13.00 and a 1 year high of $35.40. The stock’s 50 day simple moving average is $30.92 and its two-hundred day simple moving average is $24.41.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AMVMF. Citigroup reaffirmed a “buy” rating on shares of AMG Critical Materials in a research note on Friday, September 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of AMG Critical Materials in a research note on Tuesday, September 30th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

AMG Critical Materials Company Profile

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.