Short Interest in Smartoptics Group AS (OTCMKTS:SMOPF) Drops By 99.7%

Smartoptics Group AS (OTCMKTS:SMOPF) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 4 shares, a decline of 99.7% from the May 31st total of 1,282 shares. Based on an average trading volume of 36,767 shares, the short-interest ratio is currently 0.0 days.

Smartoptics Group AS Trading Down 0.6%

Shares of OTCMKTS:SMOPF traded down $0.03 during midday trading on Thursday, hitting $5.12. The company’s stock had a trading volume of 1,250 shares, compared to its average volume of 26,372. The stock’s 50 day simple moving average is $5.48 and its 200 day simple moving average is $3.13. Smartoptics Group AS has a fifty-two week low of $4.99 and a fifty-two week high of $7.15.

Smartoptics Group AS Company Profile

Smartoptics Group AS provides optical networking solutions and devices worldwide. Its products include flexible open line systems; multiplexers and OADMs; modular transponders and muxponders; optical transceivers; active and passive system products; and Sosmart software suites. The company also provides technical support, extended warranty, advance product replacement, complete and smart care, network design, staging and installation support, and training and education services. Its solutions are used in metro and regional network applications.