SMA Solar Technology AG (OTCMKTS:SMTGY – Get Free Report) saw a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 1,934 shares, a growth of 144.2% from the October 15th total of 792 shares. Based on an average trading volume of 1,728 shares, the days-to-cover ratio is currently 1.1 days.
SMA Solar Technology Price Performance
SMTGY stock remained flat at $5.48 during midday trading on Friday. The company’s stock had a trading volume of 1,116 shares, compared to its average volume of 1,739. SMA Solar Technology has a fifty-two week low of $3.36 and a fifty-two week high of $8.44. The stock’s 50-day simple moving average is $6.22 and its 200 day simple moving average is $5.87.
SMA Solar Technology Company Profile
SMA Solar Technology AG is a Germany-based developer and manufacturer of solar-energy technology. The company specializes in photovoltaic inverters, which convert electricity generated by solar panels into a form suitable for household, commercial and utility-scale use. It also provides related monitoring, control and energy-management solutions. SMA’s product portfolio serves residential customers, commercial and industrial businesses, solar developers, utilities and operators of large photovoltaic plants.
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