Americas Silver Corp (NYSEAMERICAN:USAS) Short Interest Update

Americas Silver Corp (NYSEAMERICAN:USAS) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 941,600 shares, an increase of 158.1% from the January 31st total of 364,800 shares. Based on an average trading volume of 849,600 shares, the days-to-cover ratio is currently 1.1 days.

Americas Silver Trading Down 0.4 %

USAS stock traded down $0.00 during trading on Friday, reaching $0.46. The stock had a trading volume of 601,659 shares, compared to its average volume of 981,504. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.28 and a current ratio of 0.42. The company has a market capitalization of $114.96 million, a price-to-earnings ratio of -2.58 and a beta of 1.20. Americas Silver has a one year low of $0.20 and a one year high of $0.60.

Institutional Trading of Americas Silver

A number of institutional investors and hedge funds have recently modified their holdings of the business. XTX Topco Ltd purchased a new stake in shares of Americas Silver during the 3rd quarter worth approximately $26,000. HighTower Advisors LLC bought a new position in Americas Silver during the fourth quarter valued at $47,000. American Century Companies Inc. purchased a new stake in Americas Silver in the fourth quarter worth $73,000. Bank of America Corp DE raised its stake in shares of Americas Silver by 273,321.1% in the fourth quarter. Bank of America Corp DE now owns 207,800 shares of the company’s stock valued at $78,000 after buying an additional 207,724 shares during the period. Finally, JPMorgan Chase & Co. purchased a new position in shares of Americas Silver during the 4th quarter valued at $94,000. 13.38% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Cormark upgraded shares of Americas Silver to a “moderate buy” rating in a report on Thursday, January 23rd.

Americas Silver Company Profile

Americas Gold and Silver Corporation engages in the acquisition, evaluation, exploration, development, and operation of mineral properties. The company explores for silver, lead, zinc and copper. It principally owns 100% interests in the Cosalá Operations consisting of 67 mining concessions that cover approximately 19,385 hectares located in the state of Sinaloa, Mexico; and Galena Complex situated near the town of Wallace in the state of Idaho, the United States.