Could A-mark Precious Metals Inc (NASDAQ:AMRK) Go Up After Its Newest Short Interest Report?

October 2, 2018 - By Nellie Frank

The stock of A-mark Precious Metals Inc (NASDAQ:AMRK) registered an increase of 2.98% in short interest. AMRK’s total short interest was 17,300 shares in October as published by FINRA. Its up 2.98% from 16,800 shares, reported previously. With 3,800 shares average volume, it will take short sellers 5 days to cover their AMRK’s short positions. The short interest to A-mark Precious Metals Inc’s float is 0.38%.

The stock decreased 0.46% or $0.06 during the last trading session, reaching $12.96. About 5,158 shares traded. A-Mark Precious Metals, Inc. (NASDAQ:AMRK) has declined 24.69% since October 2, 2017 and is downtrending. It has underperformed by 40.31% the S&P500.

A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading firm worldwide. The company has market cap of $91.13 million. The firm offers gold, silver, platinum, and palladium in the form of bars, plates, powder, wafers, grains, ingots, and coins, as well as distributes gold and silver coins and bars from sovereign and private mints. It currently has negative earnings. It also provides loans on precious metals, and rare coins and other collectibles collateral to coin dealers, collectors, and investors; storage solutions for precious metals and numismatic coins for financial institutions, dealers, investors, and collectors; and a range of logistics services, including storage, shipping, handling, receiving, processing, and inventorying of precious metals and custom coins.

More recent A-Mark Precious Metals, Inc. (NASDAQ:AMRK) news were published by: which released: “8 Stocks To Watch For September 19, 2018” on September 19, 2018. Also published the news titled: “A-Mark Precious Metals Subsidiary Closes $100 Million Offering of Secured Term Notes” on September 14, 2018.‘s news article titled: “Earnings Scheduled For September 18, 2018” with publication date: September 18, 2018 was also an interesting one.

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