Thu Sep 19 03:06:57 UTC 2024: ## Amprius Technologies (AMPX) Sees Increased Short Interest Amidst Mixed Analyst Opinions

**New York, NY – September 18, 2024** – Amprius Technologies, Inc. (NYSE:AMPX), a leading developer of ultra-high energy density lithium-ion batteries, experienced a surge in short interest during August. Short interest climbed by 8.8% to 2,470,000 shares, representing 6.7% of the company’s outstanding stock.

This heightened short interest comes amidst a backdrop of mixed opinions from research analysts. While some remain bullish on the company’s future, others have downgraded their price targets and outlook. Roth Mkm, Northland Securities, and Oppenheimer all reduced their price targets, although they maintained “buy” or “outperform” ratings. Conversely, B. Riley upgraded Amprius Technologies to a “strong-buy” rating.

Despite the mixed sentiment, several institutional investors have taken positions in Amprius Technologies. AQR Capital Management LLC, XTX Topco Ltd, and International Assets Investment Management LLC all acquired new positions during recent quarters.

Amprius Technologies reported a quarterly loss of $0.13 per share, falling short of analyst expectations. Revenue for the quarter reached $3.35 million, exceeding estimates.

Analysts predict that Amprius Technologies will post a loss of $0.49 per share for the current fiscal year. The company’s stock has been volatile, trading at $0.81 per share on Wednesday, down from a 1-year high of $6.02.

Amprius Technologies remains focused on developing its innovative silicon nanowire anode batteries for various applications, particularly in the rapidly growing aviation and drone markets. The company faces challenges in navigating a competitive landscape and achieving profitability, but its technology holds potential for future growth.

**Disclaimer:** This is a news article summarizing the provided information. It does not constitute financial advice. Always consult with a qualified financial professional before making investment decisions.

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