5E Advanced Materials, Inc. (NASDAQ:FEAM) Short Interest Update

5E Advanced Materials, Inc. (NASDAQ:FEAM) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 1,080,000 shares, an increase of 12.9% from the December 31st total of 956,500 shares. Based on an average daily trading volume, of 164,800 shares, the short-interest ratio is presently 6.6 days. Approximately 2.2% of the company’s stock are short sold.

Institutional Trading of 5E Advanced Materials

A number of institutional investors and hedge funds have recently modified their holdings of FEAM. AQR Capital Management LLC acquired a new position in shares of 5E Advanced Materials in the 2nd quarter valued at about $27,000. Point72 Asia Singapore Pte. Ltd. bought a new position in 5E Advanced Materials in the second quarter worth about $61,000. Cubist Systematic Strategies LLC acquired a new position in 5E Advanced Materials in the second quarter valued at approximately $83,000. Finally, Geode Capital Management LLC grew its holdings in shares of 5E Advanced Materials by 11.8% during the third quarter. Geode Capital Management LLC now owns 487,922 shares of the company’s stock valued at $264,000 after purchasing an additional 51,668 shares during the last quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e)” rating on shares of 5E Advanced Materials in a research note on Saturday, January 18th.

5E Advanced Materials Stock Performance

Shares of NASDAQ FEAM traded down $0.03 during trading on Monday, reaching $0.36. The stock had a trading volume of 114,498 shares, compared to its average volume of 226,105. The company has a debt-to-equity ratio of 35.91, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market cap of $25.01 million, a PE ratio of -0.32 and a beta of 1.57. 5E Advanced Materials has a one year low of $0.34 and a one year high of $2.48. The firm’s 50 day moving average price is $0.51 and its two-hundred day moving average price is $0.61.

5E Advanced Materials Company Profile

5E Advanced Materials, Inc engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for borates and lithium deposits. It holds 100% interest in the Fort Cady project located in the Mojave Desert region in eastern San Bernardino County, California.