SMA Solar Technology AG (OTCMKTS:SMTGF) Sees Large Drop in Short Interest

SMA Solar Technology AG (OTCMKTS:SMTGF) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 126,300 shares, a decrease of 34.0% from the March 15th total of 191,300 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 1,263.0 days.

SMA Solar Technology Price Performance

SMTGF stock opened at $14.16 on Friday. The firm’s fifty day moving average is $15.03 and its 200 day moving average is $15.30. SMA Solar Technology has a 52 week low of $12.73 and a 52 week high of $54.10.

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.