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

SMA Solar Technology AG (OTCMKTS:SMTGY) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 22,100 shares, an increase of 2,110.0% from the January 15th total of 1,000 shares. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is currently 3.3 days.

SMA Solar Technology Trading Down 2.1 %

Shares of OTCMKTS:SMTGY opened at $1.38 on Thursday. SMA Solar Technology has a one year low of $1.22 and a one year high of $6.34. The company has a 50 day moving average of $1.45 and a 200-day moving average of $1.78.

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.