SCHMID Group (NASDAQ:SHMD) Short Interest Update

SCHMID Group (NASDAQ:SHMD) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 72,400 shares, a growth of 24.6% from the March 15th total of 58,100 shares. Based on an average daily trading volume, of 48,100 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.5% of the company’s stock are sold short.

SCHMID Group Stock Up 3.8 %

Shares of SCHMID Group stock traded up $0.11 during trading hours on Monday, hitting $3.02. 987 shares of the company’s stock traded hands, compared to its average volume of 45,172. SCHMID Group has a twelve month low of $1.86 and a twelve month high of $6.13. The stock has a 50 day simple moving average of $3.00 and a 200-day simple moving average of $2.83.

Institutional Trading of SCHMID Group

A hedge fund recently raised its stake in SCHMID Group stock. Hartree Partners LP raised its holdings in shares of SCHMID Group (NASDAQ:SHMD) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,058,000 shares of the company’s stock after purchasing an additional 23,000 shares during the period. SCHMID Group comprises about 1.2% of Hartree Partners LP’s portfolio, making the stock its 24th largest holding. Hartree Partners LP owned approximately 10.45% of SCHMID Group worth $3,174,000 as of its most recent SEC filing. 46.03% of the stock is currently owned by institutional investors.

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.