Ascent Solar Technologies, Inc. (NASDAQ:ASTI) Sees Significant Increase in Short Interest

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,000,000 shares, a growth of 51.0% from the March 31st total of 662,200 shares. Currently, 5.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,190,000 shares, the days-to-cover ratio is presently 0.8 days.

Ascent Solar Technologies Price Performance

NASDAQ:ASTI remained flat at $0.10 during mid-day trading on Friday. The company had a trading volume of 1,996,946 shares, compared to its average volume of 1,982,175. The company has a 50 day moving average price of $0.34 and a 200 day moving average price of $0.68. Ascent Solar Technologies has a one year low of $0.09 and a one year high of $62.00.

Institutional Trading of Ascent Solar Technologies

An institutional investor recently bought a new position in Ascent Solar Technologies stock. Warberg Asset Management LLC acquired a new stake in Ascent Solar Technologies, Inc. (NASDAQ:ASTI) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 20,000 shares of the company’s stock, valued at approximately $36,000. Warberg Asset Management LLC owned about 5.88% of Ascent Solar Technologies as of its most recent filing with the Securities & Exchange Commission. 10.55% of the stock is owned by hedge funds and other institutional investors.

Ascent Solar Technologies Company Profile

Ascent Solar Technologies, Inc, a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. It serves agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles.