Dimensional Fund Advisors LP reduced its position in AMMO, Inc. (NASDAQ:POWW - Free Report) by 22.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 754,310 shares of the company's stock after selling 212,420 shares during the quarter. Dimensional Fund Advisors LP owned about 0.64% of AMMO worth $830,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of POWW. Prudential Financial Inc. purchased a new stake in AMMO in the 4th quarter worth approximately $41,000. Intech Investment Management LLC increased its holdings in shares of AMMO by 175.6% in the fourth quarter. Intech Investment Management LLC now owns 42,033 shares of the company's stock worth $46,000 after purchasing an additional 26,783 shares during the period. Royce & Associates LP raised its position in shares of AMMO by 35.8% in the fourth quarter. Royce & Associates LP now owns 44,022 shares of the company's stock worth $48,000 after buying an additional 11,614 shares in the last quarter. Sei Investments Co. bought a new stake in AMMO during the fourth quarter valued at $69,000. Finally, Wells Fargo & Company MN grew its position in AMMO by 38.2% during the fourth quarter. Wells Fargo & Company MN now owns 63,169 shares of the company's stock worth $69,000 after buying an additional 17,467 shares in the last quarter. Hedge funds and other institutional investors own 26.40% of the company's stock.
AMMO Price Performance
Shares of POWW traded down $0.10 during trading hours on Tuesday, reaching $1.81. 429,859 shares of the company's stock traded hands, compared to its average volume of 767,032. The stock has a market cap of $214.95 million, a PE ratio of -8.62 and a beta of 1.31. The company has a current ratio of 3.17, a quick ratio of 1.87 and a debt-to-equity ratio of 0.03. The firm's 50 day simple moving average is $1.61 and its 200-day simple moving average is $1.46. AMMO, Inc. has a 12 month low of $0.95 and a 12 month high of $2.86.
About AMMO
(
Free Report)
AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals seeking home or personal protection, manufacturers, and law enforcement and military agencies. The company's products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; and Stelth Subsonic ammunition primarily for suppressed firearms.
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