Short Interest in SMA Solar Technology AG (OTCMKTS:SMTGY) Decreases By 59.0%

SMA Solar Technology AG (OTCMKTS:SMTGY) saw a significant decrease in short interest in October. As of October 31st, there was short interest totalling 3,400 shares, a decrease of 59.0% from the October 15th total of 8,300 shares. Based on an average daily trading volume, of 7,100 shares, the short-interest ratio is currently 0.5 days.

SMA Solar Technology Stock Performance

Shares of OTCMKTS SMTGY traded down $0.08 during mid-day trading on Wednesday, reaching $1.51. The company had a trading volume of 333 shares, compared to its average volume of 2,131. The company has a 50-day moving average price of $1.88 and a two-hundred day moving average price of $3.05. SMA Solar Technology has a 1-year low of $1.46 and a 1-year high of $6.80.

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.