SCHMID Group (NASDAQ:SHMD) Short Interest Up 54.0% in December

SCHMID Group (NASDAQ:SHMD) saw a large growth in short interest in December. As of December 15th, there was short interest totalling 75,900 shares, a growth of 54.0% from the November 30th total of 49,300 shares. Based on an average daily trading volume, of 41,000 shares, the short-interest ratio is presently 1.9 days. Currently, 0.5% of the company’s stock are sold short.

SCHMID Group Trading Down 2.8 %

SCHMID Group stock traded down $0.09 during midday trading on Friday, reaching $3.14. The company’s stock had a trading volume of 109,235 shares, compared to its average volume of 44,588. The stock’s 50-day simple moving average is $2.81 and its 200-day simple moving average is $3.60. SCHMID Group has a 52-week low of $1.98 and a 52-week high of $6.13.

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.