Short Interest Coverage: Could AMPLITECH GROUP (OTCMKTS:AMPG) Go Up After Its Newest Short Interest Report?

November 24, 2016 - By Vivian Park   ·   0 Comments

Short Interest Coverage: Could AMPLITECH GROUP (OTCMKTS:AMPG) Go Up After Its Newest Short Interest Report?

The stock of AMPLITECH GROUP (OTCMKTS:AMPG) registered an increase of 94.54% in short interest. AMPG’s total short interest was 35,600 shares in November as published by FINRA. Its up 94.54% from 18,300 shares, reported previously. With 300,500 shares average volume, it will take short sellers 0 days to cover their AMPG’s short positions. The stock closed at $0.05 during the last session. It is down 121.24% since April 27, 2016 and is uptrending. It has outperformed by 115.83% the S&P500.

AmpliTech Group, Inc. designs, engineers and assembles micro-wave component amplifiers. The company has a market cap of $2.26 million. The Company’s products consist of radio frequency amplifiers and related subsystems, operating at multiple frequencies from 50 kilohertz (kHz) to 44 gigahertz (GHz), including Low Noise Amplifiers, Medium Power Amplifiers, oscillators, filters and custom assembly designs. It has a 19.16 P/E ratio. The Firm also offers non-recurring engineering services on a project-by-project basis.

AMPG Company Profile

AmpliTech Group, Inc., incorporated on December 30, 2010, designs, engineers and assembles micro-wave component amplifiers. The Company’s products consist of radio frequency (RF) amplifiers and related subsystems, operating at multiple frequencies from 50 kilohertz (kHz) to 44 gigahertz (GHz), including Low Noise Amplifiers, Medium Power Amplifiers, oscillators, filters and custom assembly designs. The Firm also offers non-recurring engineering services on a project-by-project basis. The Firm offers the 18 to 40 GHz wide band low noise amplifier. It is designed mainly for wideband telecommunications, such as military and space applications and point-to-point radios, as well as test equipment.

More recent Amplitech Group Inc (OTCMKTS:AMPG) news were published by: Finance.Yahoo.com which released: “AmpliTech Group, Inc. Announces Record Fiscal Third Quarter Results” on November 02, 2016. Also Reuters.com published the news titled: “AmpliTech Group receives over $400,000 in new orders” on March 03, 2015. Reuters.com‘s news article titled: “AmpliTech Group announces new wireless solutions division” with publication date: February 20, 2015 was also an interesting one.

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By Vivian Park


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