Short Interest in SMA Solar Technology AG (OTCMKTS:SMTGF) Declines By 32.8%

SMA Solar Technology AG (OTCMKTS:SMTGF) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 140,400 shares, a drop of 32.8% from the December 31st total of 208,900 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 702.0 days.

SMA Solar Technology Stock Performance

Shares of SMTGF stock opened at $15.00 on Thursday. The company’s fifty day simple moving average is $14.46 and its two-hundred day simple moving average is $19.49. SMA Solar Technology has a 52 week low of $12.73 and a 52 week high of $63.84.

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.