SMA Solar Technology AG (OTCMKTS:SMTGY) Sees Large Growth in Short Interest

SMA Solar Technology AG (OTCMKTS:SMTGY) saw a large increase in short interest in November. As of November 30th, there was short interest totalling 22,100 shares, an increase of 45.4% from the November 15th total of 15,200 shares. Based on an average daily volume of 4,600 shares, the short-interest ratio is presently 4.8 days.

SMA Solar Technology Price Performance

Shares of SMA Solar Technology stock traded down $0.05 on Friday, reaching $1.50. 3,882 shares of the company’s stock were exchanged, compared to its average volume of 2,213. SMA Solar Technology has a 52 week low of $1.22 and a 52 week high of $6.60. The firm’s 50-day moving average is $1.57 and its two-hundred day moving average is $2.46.

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.