Short Interest in LanzaTech Global, Inc. (NASDAQ:LNZA) Expands By 34.9%

LanzaTech Global, Inc. (NASDAQ:LNZA) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 23,947 shares, a growth of 34.9% from the January 29th total of 17,748 shares. Based on an average daily volume of 10,745 shares, the short-interest ratio is currently 2.2 days. Currently, 1.1% of the company’s stock are sold short. Currently, 1.1% of the company’s stock are sold short. Based on an average daily volume of 10,745 shares, the short-interest ratio is currently 2.2 days.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of LanzaTech Global in a research note on Thursday, January 22nd. Zacks Research upgraded LanzaTech Global from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 29th. Wall Street Zen raised shares of LanzaTech Global from a “strong sell” rating to a “hold” rating in a report on Saturday, November 22nd. Finally, Roth Mkm decreased their price target on shares of LanzaTech Global from $20.00 to $14.00 and set a “neutral” rating on the stock in a report on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $14.00.

LanzaTech Global Stock Up 7.6%

NASDAQ:LNZA traded up $0.66 during midday trading on Monday, hitting $9.23. The company had a trading volume of 5,251 shares, compared to its average volume of 8,466. The company has a market capitalization of $21.40 million and a PE ratio of -0.40. LanzaTech Global has a 52-week low of $7.88 and a 52-week high of $84.00. The stock’s fifty day moving average price is $11.97 and its 200-day moving average price is $17.41.

Insider Activity at LanzaTech Global

In other LanzaTech Global news, major shareholder Of New Zealand Super Guardians bought 860,000 shares of the business’s stock in a transaction dated Wednesday, January 21st. The shares were purchased at an average price of $5.00 per share, for a total transaction of $4,300,000.00. Following the purchase, the insider directly owned 1,192,634 shares of the company’s stock, valued at approximately $5,963,170. This represents a 258.54% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.50% of the stock is currently owned by corporate insiders.

Institutional Trading of LanzaTech Global

Several hedge funds and other institutional investors have recently bought and sold shares of the company. DRW Securities LLC purchased a new position in shares of LanzaTech Global during the fourth quarter worth approximately $160,000. Qube Research & Technologies Ltd purchased a new position in LanzaTech Global in the 2nd quarter worth $27,000. AQR Capital Management LLC lifted its stake in LanzaTech Global by 1,045.1% in the first quarter. AQR Capital Management LLC now owns 184,346 shares of the company’s stock worth $45,000 after purchasing an additional 168,247 shares during the last quarter. XTX Topco Ltd grew its stake in shares of LanzaTech Global by 380.5% during the second quarter. XTX Topco Ltd now owns 188,891 shares of the company’s stock valued at $51,000 after buying an additional 149,576 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in shares of LanzaTech Global by 77.9% in the second quarter. SBI Securities Co. Ltd. now owns 303,186 shares of the company’s stock worth $82,000 after buying an additional 132,792 shares during the period. Hedge funds and other institutional investors own 17.76% of the company’s stock.

LanzaTech Global Company Profile

LanzaTech Global, Inc is a carbon recycling company that specializes in capturing industrial emissions and converting them into sustainable fuels and chemicals through a proprietary gas fermentation process. By utilizing metal- and microbe-catalyzed conversion technologies, the company transforms waste carbon monoxide and carbon dioxide streams from steel mills, refineries, and other industrial sites into ethanol, jet fuel precursors, and other commodity chemicals. These products can be used as drop-in replacements for petrochemicals, helping to reduce greenhouse gas emissions and advance circular economy initiatives.

Founded in 2005 and headquartered in Skokie, Illinois, LanzaTech has developed its platform through research collaborations and commercial demonstration plants.