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

5E Advanced Materials, Inc. (NASDAQ:FEAM) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 67,700 shares, a growth of 34.3% from the February 13th total of 50,400 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 17,300 shares, the short-interest ratio is currently 3.9 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in 5E Advanced Materials stock. Geode Capital Management LLC grew its stake in 5E Advanced Materials, Inc. (NASDAQ:FEAM) by 11.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 487,922 shares of the company’s stock after purchasing an additional 51,668 shares during the period. Geode Capital Management LLC owned approximately 0.71% of 5E Advanced Materials worth $264,000 at the end of the most recent reporting period.

5E Advanced Materials Stock Up 27.3 %

Shares of FEAM traded up $1.01 during midday trading on Tuesday, hitting $4.72. The company had a trading volume of 469,968 shares, compared to its average volume of 11,903. The company’s 50-day simple moving average is $7.68 and its 200-day simple moving average is $10.61. The firm has a market capitalization of $14.15 million, a P/E ratio of -0.19 and a beta of 1.67. 5E Advanced Materials has a 1 year low of $2.82 and a 1 year high of $45.89. The company has a debt-to-equity ratio of 35.91, a quick ratio of 0.15 and a current ratio of 0.15.

5E Advanced Materials (NASDAQ:FEAM) last released its quarterly earnings results on Thursday, February 13th. The company reported ($4.83) EPS for the quarter. As a group, sell-side analysts expect that 5E Advanced Materials will post -9.22 EPS for the current year.

Analyst Upgrades and Downgrades

FEAM has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of 5E Advanced Materials in a research note on Friday, March 7th. Maxim Group dropped their target price on 5E Advanced Materials from $23.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday, February 19th.

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.