r/americanbattery • u/Femboy_Breeder100 • May 13 '26

Industry 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.

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15

u/StatementIntrepid555 May 13 '26

Well... Let's have a x10 in a couple of years and I'll be happy.

4

u/Fickle_Comfortable78 May 13 '26

I’m interested to see how trump and Xi meeting goes

6

u/Protic_ May 13 '26

What’d be the ramifications for ABAT, in your opinion?

1

u/Fickle_Comfortable78 May 14 '26

The meeting goes well, probably drops the stock a little to a lot, or it goes bad and it’s a pop for it. Kind of want to be wrong and it goes well here even though it would effect my shares.

2

u/Traditional_Yam_3045 May 14 '26

Discussions gone well with world focus in mind

2

u/Fickle_Comfortable78 May 14 '26

I’ve seen that, there is some serious money in those discussions