Short Interest in Americas Silver Corp (NYSEAMERICAN:USAS) Decreases By 35.0%

Americas Silver Corp (NYSEAMERICAN:USAS) was the target of a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 611,600 shares, a decrease of 35.0% from the February 13th total of 941,600 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 862,000 shares, the short-interest ratio is presently 0.7 days.

Analyst Ratings Changes

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company purchased a new position in shares of Americas Silver during the 3rd quarter worth approximately $631,000. Alpha Cubed Investments LLC purchased a new position in shares of Americas Silver during the 4th quarter worth approximately $274,000. XTX Topco Ltd purchased a new position in shares of Americas Silver during the 3rd quarter worth approximately $26,000. U S Global Investors Inc. purchased a new position in shares of Americas Silver during the 4th quarter worth approximately $382,000. Finally, Sprott Inc. acquired a new stake in Americas Silver during the fourth quarter worth approximately $2,099,000. 13.38% of the stock is owned by hedge funds and other institutional investors.

Americas Silver Trading Up 0.2 %

Americas Silver stock traded up $0.00 during mid-day trading on Friday, reaching $0.53. The company had a trading volume of 1,041,180 shares, compared to its average volume of 1,148,497. Americas Silver has a 1 year low of $0.20 and a 1 year high of $0.60. The company has a current ratio of 0.42, a quick ratio of 0.28 and a debt-to-equity ratio of 0.18. The stock has a market cap of $131.33 million, a PE ratio of -2.94 and a beta of 1.20.

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.