Short Interest in SCHMID Group (NASDAQ:SHMD) Expands By 131.5%

SCHMID Group (NASDAQ:SHMD) saw a significant increase in short interest during the month of November. As of November 30th, there was short interest totalling 49,300 shares, an increase of 131.5% from the November 15th total of 21,300 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 36,100 shares, the days-to-cover ratio is currently 1.4 days.

SCHMID Group Trading Up 10.7 %

NASDAQ SHMD opened at $3.30 on Thursday. The stock has a 50-day simple moving average of $2.82 and a two-hundred day simple moving average of $3.70. SCHMID Group has a fifty-two week low of $1.98 and a fifty-two week high of $6.13.

SCHMID Group Company Profile

SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally. The company offers electronics equipment, ET board, vertical and horizontal wet process, vacuum metallization and tech, plating, chemical mechanical polishing, and automation system solutions; and systems and process solutions for manufacturing and processing photovoltaic products, such as wafers, cells, modules, and thin films, as well as turnkey production lines.