SMA Solar Technology AG (OTCMKTS:SMTGY) Short Interest Update

SMA Solar Technology AG (OTCMKTS:SMTGY) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 8,300 shares, a growth of 453.3% from the September 30th total of 1,500 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is currently 2.8 days.

SMA Solar Technology Price Performance

SMA Solar Technology stock traded down $0.01 during midday trading on Friday, hitting $1.70. 273 shares of the stock were exchanged, compared to its average volume of 1,983. The stock’s 50-day simple moving average is $2.07 and its 200 day simple moving average is $3.39. SMA Solar Technology has a fifty-two week low of $1.63 and a fifty-two week high of $6.80.

SMA Solar Technology Company Profile

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.