Americas Silver Corp (NYSEAMERICAN:USAS) Short Interest Update

Americas Silver Corp (NYSEAMERICAN:USAS) was the recipient of a large increase in short interest during the month of 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 daily volume of 849,600 shares, the days-to-cover ratio is currently 1.1 days.

Americas Silver Trading Down 0.4 %

NYSEAMERICAN:USAS traded down $0.00 during midday trading on Friday, reaching $0.46. 601,659 shares of the company traded hands, compared to its average volume of 981,504. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.42 and a quick ratio of 0.28. Americas Silver has a twelve month low of $0.20 and a twelve month high of $0.60. The firm has a market capitalization of $114.96 million, a P/E ratio of -2.58 and a beta of 1.20.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. XTX Topco Ltd bought a new stake in Americas Silver in the third quarter worth $26,000. HighTower Advisors LLC bought a new stake in Americas Silver in the 4th quarter valued at $47,000. American Century Companies Inc. bought a new position in Americas Silver during the fourth quarter valued at about $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 purchasing an additional 207,724 shares in the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of Americas Silver during the 4th quarter worth about $94,000. Hedge funds and other institutional investors own 13.38% of the company’s stock.

Analysts Set New Price Targets

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

About Americas Silver

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.