AMG Critical Materials (OTCMKTS:AMVMF) Short Interest Up 132.6% in May

AMG Critical Materials (OTCMKTS:AMVMF) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 25,938 shares, a growth of 132.6% from the May 14th total of 11,149 shares. Based on an average daily trading volume, of 4,258 shares, the short-interest ratio is presently 6.1 days.

AMG Critical Materials Stock Performance

Shares of OTCMKTS AMVMF opened at $40.65 on Monday. The company has a 50 day simple moving average of $43.94 and a 200-day simple moving average of $40.44. AMG Critical Materials has a 1 year low of $20.32 and a 1 year high of $49.22.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a “buy” rating on shares of AMG Critical Materials in a report on Friday, May 29th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, AMG Critical Materials has an average rating of “Moderate Buy”.

About AMG Critical Materials

AMG Critical Materials (OTCMKTS:AMVMF) is a global supplier of essential metals and advanced materials that underpin the clean energy, aerospace, defense and industrial sectors. Established in 2023 through the spin-off of AMG Advanced Metallurgical Group NV’s critical materials division, the company draws on decades of specialized refining and engineering expertise. Its product range encompasses high-purity lithium hydroxide, tantalum, niobium, vanadium, tungsten, titanium and specialty alloys designed for batteries, electronic components, protective coatings and high-performance structural applications.

Boasting a production and processing footprint across North America, Europe and Asia, AMG Critical Materials operates multiple manufacturing facilities equipped with proprietary refining, powder-handling and surface-treatment technologies.