SMA Solar Technology AG (OTCMKTS:SMTGY) Short Interest Up 233.3% in July

SMA Solar Technology AG (OTCMKTS:SMTGY) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totalling 4,000 shares, a growth of 233.3% from the July 15th total of 1,200 shares. Based on an average trading volume of 4,900 shares, the short-interest ratio is presently 0.8 days.

SMA Solar Technology Stock Performance

Shares of OTCMKTS:SMTGY traded down $0.02 during trading on Monday, reaching $2.49. 100 shares of the company traded hands, compared to its average volume of 1,971. SMA Solar Technology has a 52 week low of $2.39 and a 52 week high of $8.52. The company’s 50 day moving average is $3.33 and its two-hundred day moving average is $4.75.

About SMA Solar Technology

SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Commercial and Industrial Solutions, and Large Scale and Project Solutions segments.