Americas Silver Corp (NYSEAMERICAN:USAS) Short Interest Update

Americas Silver Corp (NYSEAMERICAN:USAS - Get Free Report) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 291,700 shares, a decrease of 23.0% from the December 31st total of 378,600 shares. Approximately 0.2% of the company's shares are sold short. Based on an average daily trading volume, of 1,020,000 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in USAS. Renaissance Technologies LLC grew its stake in Americas Silver by 2,806.1% in the second quarter. Renaissance Technologies LLC now owns 1,194,900 shares of the company's stock valued at $286,000 after purchasing an additional 1,153,783 shares in the last quarter. Hollencrest Capital Management grew its stake in shares of Americas Silver by 34.4% in the third quarter. Hollencrest Capital Management now owns 1,217,076 shares of the company's stock valued at $372,000 after buying an additional 311,648 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in Americas Silver during the third quarter worth $631,000. XTX Topco Ltd bought a new stake in Americas Silver during the third quarter worth $26,000. Finally, Alpha Cubed Investments LLC bought a new stake in Americas Silver during the fourth quarter worth $274,000. Institutional investors own 13.38% of the company's stock.

Americas Silver Price Performance

Shares of USAS stock remained flat at $0.51 on Monday. The stock had a trading volume of 943,704 shares, compared to its average volume of 738,951. The company has a quick ratio of 0.28, a current ratio of 0.42 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $125.86 million, a PE ratio of -2.82 and a beta of 1.20. Americas Silver has a 52 week low of $0.20 and a 52 week high of $0.54.

Americas Silver (NYSEAMERICAN:USAS - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.04). The firm had revenue of $21.02 million for the quarter. Americas Silver had a negative return on equity of 67.24% and a negative net margin of 44.76%. Equities analysts expect that Americas Silver will post -0.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on USAS. HC Wainwright reiterated a "buy" rating and issued a $0.80 price objective on shares of Americas Silver in a research report on Thursday, October 10th. Cormark raised shares of 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.