Virtu Financial LLC Invests $341,000 in AMMO, Inc. (OTCMKTS:POWW)

Virtu Financial LLC bought a new position in AMMO, Inc. (OTCMKTS:POWW) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 103,462 shares of the company’s stock, valued at approximately $341,000. Virtu Financial LLC owned approximately 0.15% of AMMO at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Warberg Asset Management LLC bought a new position in AMMO during the fourth quarter valued at about $33,000. Janney Montgomery Scott LLC bought a new position in AMMO during the fourth quarter valued at about $33,000. Cambridge Investment Research Advisors Inc. bought a new position in AMMO during the fourth quarter valued at about $37,000. D L Carlson Investment Group Inc. bought a new position in AMMO during the fourth quarter valued at about $41,000. Finally, Raymond James Financial Services Advisors Inc. bought a new position in AMMO during the fourth quarter valued at about $69,000. Institutional investors own 0.01% of the company’s stock.

OTCMKTS POWW opened at $7.19 on Thursday. AMMO, Inc. has a 52 week low of $1.41 and a 52 week high of $9.95. The company has a current ratio of 1.17, a quick ratio of 0.66 and a debt-to-equity ratio of 0.70. The firm’s 50-day simple moving average is $6.65.

AMMO (OTCMKTS:POWW) last released its quarterly earnings data on Tuesday, February 16th. The company reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.01). The business had revenue of $16.62 million for the quarter.

AMMO Company Profile

Ammo, Inc designs, develops, manufactures, markets, and sells ammunition and ammunition component products for use in handguns and long guns in the United States and internationally. The company offers STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; One Precise Shot ammunition, which is designed to meet various engagement scenarios experienced by law enforcement personnel in the line of duty; and Stelth Subsonic ammunition that is designed primarily for suppressed firearms.

Further Reading: What is a Fiduciary?

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Institutional Ownership by Quarter for AMMO (OTCMKTS:POWW)

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