In the market the company is trading up by 7.20% since yesterday’s close of $15.53 and has one of the biggest price gains of the day. More than 19 shares have been traded.
Traders are more bullish on A-Mark Precious Meta recently if you look at the motion in short interest. The company saw a fall in short interest between September 29, 2017 and October 13, 2017 of -5.51%. Short shares decreased from 31,467 to 29,733 over that timeframe. With short interest at 29,733 and short average daily volume at 21,121, the short-interest ratio is 1.0 and the percentage of shorted shares is 0.00% as of October 13.
There has been some selling insider activity on A-Mark Precious Meta (:AMRK) recently. CEO Gregory N. Roberts disclosed the sale of 3,300 shares of AMRK stock. The shares were sold on October 19th for a price of $16.38. The CEO now owns $389,123 of the stock per the Form 4 SEC filing. Gregory N. Roberts, CEO disclosed the sale of 3,300 shares. The shares sold for $16.57. Roberts now owns $448,318 of the stock according to the SEC filing.
CEO Gregory N. Roberts sold 3,300 shares at a price of $17.12 on Thu the 17th. That brings Roberts’s holdings to $519,695 as recorded in a recent Form 4 SEC filing.
Additionally, here are a few investment firms who have increased or decreased their stake in (AMRK). Tower Research Capital LLC (trc) expanded its stake by buying 782 shares an increase of 64.3% in the quarter. Tower Research Capital LLC (trc) owns 1,999 shares worth $33,000. The total value of its holdings increased 57.1%. Cove Street Capital, LLC added to its ownership by buying 2,390 shares an increase of 3.9% from 03/31/2017 to 06/30/2017. Cove Street Capital, LLC claims 64,390 shares with a value of $1,055,000. The value of the position overall is down by 0.4%.
Ubs Group Ag grew its holdings by buying 1,918 shares an increase of 559.2% as of 06/30/2017. Ubs Group Ag currently owns 2,261 shares valued at $37,000. The value of the position overall is up by 516.7%. William Blair Investment Management, LLC bolstered its investment by buying 18,585 shares an increase of 10.5%. William Blair Investment Management, LLC controls 196,332 shares valued at $3,217,000. The total value of its holdings increased 6.0%.
A-Mark Precious Meta’s P/E ratio is 14.16 and the market cap is 113.07M.
A-Mark Precious Metals, Inc., launched on December 19, 2013, is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers secure storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies. It operates through various business units for accounting purposes, including Industrial, Coin and Bar, Trading, Finance, Collateral Finance Corporation (CFC), Transcontinental Depository Services (TDS) and Logistics. It is a distributor of gold and silver coins for all of the sovereign mints and various private mints. The sovereign mints include the United States Mint, the Australian (Perth) Mint, the Austrian Mint, the Royal Canadian Mint, the China Mint, Banco de Mexico, the South African Mint (Rand Refinery) and the Royal Mint (the United Kingdom)..