SMA Solar Technology AG (OTCMKTS:SMTGF) Sees Significant Increase in Short Interest

SMA Solar Technology AG (OTCMKTS:SMTGF) saw a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 233,600 shares, a growth of 67.1% from the February 13th total of 139,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

SMA Solar Technology Price Performance

Shares of SMTGF stock opened at $14.02 on Monday. The stock has a fifty day moving average of $14.59 and a 200 day moving average of $16.50. SMA Solar Technology has a 52 week low of $12.73 and a 52 week high of $63.84.

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.