Amyris Inc (NASDAQ:AMRS)’s Trend Unknown, Especially After Increased Shorts

May 16, 2018 - By Elnora Patterson

Amyris, Inc. (NASDAQ:AMRS) Logo

The stock of Amyris Inc (NASDAQ:AMRS) registered an increase of 6.38% in short interest. AMRS’s total short interest was 2.97 million shares in May as published by FINRA. Its up 6.38% from 2.79 million shares, reported previously. With 597,500 shares average volume, it will take short sellers 5 days to cover their AMRS’s short positions. The short interest to Amyris Inc’s float is 14.24%.

The stock decreased 2.90% or $0.18 during the last trading session, reaching $5.86. About 382,108 shares traded. Amyris, Inc. (NASDAQ:AMRS) has declined 7.62% since May 16, 2017 and is downtrending. It has underperformed by 19.17% the S&P500.

Amyris, Inc. provides various alternatives to a range of petroleum-sourced products worldwide. The company has market cap of $291.46 million. The firm uses its industrial bioscience technology to design microbes primarily yeast, as well as to convert plant-sourced sugars into renewable ingredients. It currently has negative earnings. It produces and sells Biofene that converts to squalane, which is used as an emollient in cosmetics and other personal care products; and natural oils and aroma chemicals for the flavors and fragrances market.

Amyris, Inc. (NASDAQ:AMRS) Ratings Coverage

Among 4 analysts covering Amyris (NASDAQ:AMRS), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Amyris had 5 analyst reports since November 28, 2017 according to SRatingsIntel. B. Riley & Co maintained the shares of AMRS in report on Tuesday, March 20 with “Buy” rating. H.C. Wainwright maintained Amyris, Inc. (NASDAQ:AMRS) rating on Monday, April 2. H.C. Wainwright has “Buy” rating and $1500 target. On Wednesday, November 29 the stock rating was maintained by H.C. Wainwright with “Buy”. Cowen & Co maintained Amyris, Inc. (NASDAQ:AMRS) rating on Tuesday, November 28. Cowen & Co has “Hold” rating and $4.0 target. The firm has “Buy” rating given on Thursday, January 25 by FBR Capital.

More notable recent Amyris, Inc. (NASDAQ:AMRS) news were published by: Finance.Yahoo.com which released: “Future Outlook Of The Energy Industry And Amyris Inc (NASDAQ:AMRS)” on May 08, 2018, also Seekingalpha.com with their article: “Amyris’ (AMRS) CEO John Melo on Q1 2018 Results – Earnings Call Transcript” published on May 15, 2018, Globenewswire.com published: “Amyris Collaborates with Firmenich to Develop Disruptive Bio-Based Fragrance Ingredient” on May 03, 2018. More interesting news about Amyris, Inc. (NASDAQ:AMRS) were released by: Nasdaq.com and their article: “Amyris Presents Its No Compromiseâ„¢ Product Portfolio at Techonomy New York” published on May 09, 2018 as well as Nasdaq.com‘s news article titled: “Amyris to Announce First Quarter 2018 Financial Results on Monday, May 14, 2018” with publication date: May 08, 2018.

Amyris, Inc. (NASDAQ:AMRS) Ratings Chart

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