▲ 45 r/americanbattery
BlackRock Increased Positioning
BlackRock and other large institutions continue increasing their positions in ABAT. The float is now 50% owned by tutes. There still appears to be large short interest, and hopefully we continue see that come down as they execute the buildout. Blackrock in total now owns 10.1 million ABAT shares.
Keep in mind, the market cap is only 400M right now.
u/Femboy_Breeder100 — 1 day ago