Is MMAT shorted?

Short Shares Availability

This table shows the number of shares of US:MMAT available to be shorted at a leading prime brokerage. It is not the total number of shares available to short, nor is it the short interest.

Similarly What is MMAT price prediction? Meta Materials Inc (NASDAQ:MMAT)

The 1 analysts offering 12-month price forecasts for Meta Materials Inc have a median target of 3.50, with a high estimate of 3.50 and a low estimate of 3.50. The median estimate represents a +136.49% increase from the last price of 1.48.

Is MMAT a good company? In addition, its trailing-12-months Price/Sales of 295.93x is 6,883% higher than the industry average of 4.24x. MMAT has an overall F rating, which equates to Strong Sell in our proprietary POWR Ratings system.

Additionally, Is MMAT overvalued?

MMAT stock is overvalued based on its fundamentals and its uncertain future.

Is MMAT debt free?

To put it bluntly, MMAT stock is the kind of highly speculative stock you ought to avoid. This high-tech company develops nanocomposite materials and products. The debt-free company announced it had closed the deal on June 28 and received $160 million in cash from various parties.

Why is MMAT up? Shares of Meta Materials ( MMAT -4.69% ) jumped on Monday with no news from the company. The move likely came because of an attempted short squeeze from retail investors. The stock was up as much as 40.2% on Monday and currently is up 17.2% as of 11:37 a.m. EDT.

Is MMAT undervalued? In the last 77 trades there were 18.37 million shares bought and 10.6 million shares sold.

Predicted Opening Price for Meta Materials Inc. of Tuesday, April 12, 2022.

Fair opening price April 12, 2022 Current price
$1.49 $1.48 (Undervalued)

What is the float of an MMAT stock? (MMAT) Valuation Measures & Financial Statistics.

Share Statistics.

Avg Vol (3 month) 3 5.7M
Float 8 245.28M
% Held by Insiders 1 32.41%
% Held by Institutions 1 21.31%
Shares Short (Mar 15, 2022) 4 40.11M

How many shares are there in MMAT?

Share Statistics

Meta Materials has 294.49 million shares outstanding.

Is MMAT a short squeeze? However, based on the latest available data, MMAT has a short interest of 25 million shares and an average daily volume of 19 million shares. Therefore the latest Days to Cover ratio is 1.31 roughly 30% higher than it was last month increasing the likelihood of a short squeeze.

Who owns MMAT stock?

Top 10 Owners of Meta Materials Inc

Stockholder Stake Shares owned
BlackRock Fund Advisors 4.46% 12,687,361
The Vanguard Group, Inc. 1.68% 4,786,041
Geode Capital Management LLC 1.34% 3,822,648
Morgan Stanley & Co. LLC 0.78% 2,212,643

Can I buy MMAT stock? Shares of MMAT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

Is Meta Material profitable?

Quality Earnings: MMAT is currently unprofitable. Growing Profit Margin: MMAT is currently unprofitable.

What are metamaterials made of?

Metamaterials are composite materials typically composed of arrays of small metallic resonators structured on the microscale or nanoscale (McPhedran, Shadrivov, Kuhlmey, & Kivshar, 2011; Walser, 2003).

Does MMAT have a dividend? There is no dividend history available for MMAT. This usually means that the stock has never paid a dividend.

How many shares of MMAT are shorted? 3.23% of Meta Materials’ shares are currently sold short.

How many shares of MMAT are there?

Share Statistics

Meta Materials has 294.49 million shares outstanding.

How many shares are outstanding in MMAT? Share Statistics

Avg Vol (3 month) 3 6.07M
Shares Outstanding 5 281.26M
Implied Shares Outstanding 6 N/A
Float 8 246.19M
% Held by Insiders 1 32.77%

Who owns the most Facebook stock?

Who Owns Facebook?

  • #1 Mark Zuckerberg – 29.3% – US $54.3 billion (March 2020)
  • #2 Jim Breyer & Accel Partners – 11.4% – $11.4 Billion.
  • #3 Dustin Moskovitz – 7.6% – $7.6 Billion.
  • #4 Yuri Milner & Digital Sky Technologies – 5.4% – $5.4 Billion.
  • #5 Eduardo Saverin – 5% – $5 Billion.
  • #6 Sean Parker – 4% – $4 Billion.

What is Fintel io? What is Fintel? Fintel.IO is a platform that provides advanced research tools for investors looking to find an edge on the market through quantitative data analysis. At its very core, Fintel.IO is a stock screener that provides specific information to investors normally used by institutional investors and hedge funds.

What does MMAT company do?

Meta Materials Inc (NASDAQ:MMAT)

engages in the manufacture and development of functional materials. Its technology platform enables global brands to deliver products to customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy.

Is Meta materials a good stock to buy? Meta Materials Inc (MMAT) is near the top in its industry group according to InvestorsObserver. MMAT gets an overall rating of 56. That means it scores higher than 56 percent of stocks. Meta Materials Inc gets a 73 rank in the Electronic Components industry.

Will Meta be a good investment? Meta Platforms (NASDAQ:FB), formerly known as Facebook, has suffered significant losses in the 2022 tech selloff. The company has lost over $500 billion since its rebranding.

Why is meta materials stock dropping?

What happened. Shares of Meta Materials ( MMAT -4.49% ), a developer of materials for use in various high-tech applications, plunged after the company reported earnings on Wednesday morning.

 

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