American Battery Technology (NASDAQ:ABAT) saw a significant decrease in short interest during the month of January. As of January 31st, the total short interest stood at 5,860,000 shares, marking a 12.7% decline from the January 15th total of 6,710,000 shares. Currently, 7.1% of the company’s shares are being shorted. With an average daily volume of 5,180,000 shares, the days-to-cover ratio is currently at 1.1 days. However, it seems that major investors have a different perspective, as they are increasingly increasing their stakes, leading one to ponder whether it’s genuine potential or hidden agendas.
American Battery Technology (NASDAQ:ABAT) Sees Large Drop in Short Interest
