Grassi Investment Management Sells 360,000 Shares of American Battery Technology (NASDAQ:ABAT)

Grassi Investment Management decreased its position in American Battery Technology (NASDAQ:ABAT - Free Report) by 75.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 114,164 shares of the company's stock after selling 360,000 shares during the quarter. Grassi Investment Management owned about 0.14% of American Battery Technology worth $281,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in ABAT. Tidal Investments LLC raised its position in shares of American Battery Technology by 5.9% in the third quarter. Tidal Investments LLC now owns 77,475 shares of the company's stock valued at $83,000 after buying an additional 4,284 shares in the last quarter. Geode Capital Management LLC increased its holdings in American Battery Technology by 6.6% in the 3rd quarter. Geode Capital Management LLC now owns 645,063 shares of the company's stock valued at $690,000 after buying an additional 40,169 shares during the period. State Street Corp raised its position in shares of American Battery Technology by 26.9% in the 3rd quarter. State Street Corp now owns 204,200 shares of the company's stock valued at $218,000 after buying an additional 43,300 shares in the last quarter. Finally, Dopkins Wealth Management LLC raised its position in American Battery Technology by 76.5% during the third quarter. Dopkins Wealth Management LLC now owns 50,000 shares of the company's stock valued at $54,000 after purchasing an additional 21,664 shares in the last quarter. Institutional investors own 9.88% of the company's stock.

American Battery Technology Stock Performance

Shares of American Battery Technology stock traded down $0.19 during trading on Monday, reaching $1.85. 3,345,202 shares of the company's stock were exchanged, compared to its average volume of 8,010,043. The firm's 50-day moving average price is $1.39 and its 200 day moving average price is $1.16. The company has a market cap of $150.76 million, a P/E ratio of -1.89 and a beta of -2.81. American Battery Technology has a 1-year low of $0.73 and a 1-year high of $4.11.

American Battery Technology Company Profile

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries.