AmpliTech Group, Inc. (NASDAQ:AMPGW) Sees Large Decline in Short Interest

AmpliTech Group, Inc. (NASDAQ:AMPGW) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 13,300 shares, a drop of 19.4% from the September 15th total of 16,500 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is currently 3.6 days.

AmpliTech Group Price Performance

Shares of AmpliTech Group stock opened at $0.03 on Tuesday. AmpliTech Group has a 12 month low of $0.02 and a 12 month high of $0.24. The business has a fifty day simple moving average of $0.04 and a 200 day simple moving average of $0.08.

About AmpliTech Group

AmpliTech Group, Inc designs, engineers, and assembles micro-wave component-based amplifiers. The company’s products include radio frequency (RF) amplifiers and related subsystems, such as low noise amplifiers for use in receivers of various communication systems comprising Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; and medium power amplifiers that provide enhanced output power and gain in transceiver chains.