Time to Reconsider AMPLITECH GROUP INC COM (OTCMKTS:AMPG) After More Short Sellers?

October 2, 2018 - By Darrin Black

AmpliTech Group, Inc. (OTCMKTS:AMPG) Logo

The stock of AMPLITECH GROUP INC COM (OTCMKTS:AMPG) registered an increase of 50% in short interest. AMPG’s total short interest was 300 shares in October as published by FINRA. Its up 50% from 200 shares, reported previously.

The stock increased 1.55% or $0.0008 during the last trading session, reaching $0.0523. About shares traded. AmpliTech Group, Inc. (OTCMKTS:AMPG) has 0.00% since October 2, 2017 and is . It has underperformed by 15.62% the S&P500.

AmpliTech Group, Inc., through its subsidiary, AmpliTech, Inc., designs, engineers, and assembles micro-wave component based amplifiers. The company has market cap of $2.53 million. The company's products consist of radio frequency amplifiers and related subsystems, including low noise amplifiers for use in receivers of various communication systems, such as Wi-Fi, radar, satellite, base station, cell phone, radio, etc.; medium power amplifiers to provide increased output power and gain in transceiver chains; oscillators comprising phase locked oscillators and dielectric resonator oscillators for transceiver applications; and filters that discriminate or block out frequencies in communication systems. It has a 52.3 P/E ratio. It also provides custom assembly creates and non-recurring engineering services on a project-by-project basis.

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