Short Interest in SMA Solar Technology AG (OTCMKTS:SMTGY) Expands By 23.9%

SMA Solar Technology AG (OTCMKTS:SMTGY) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 20,200 shares, an increase of 23.9% from the December 15th total of 16,300 shares. Based on an average trading volume of 9,000 shares, the days-to-cover ratio is presently 2.2 days.

SMA Solar Technology Stock Performance

Shares of SMTGY traded down $0.07 during midday trading on Friday, reaching $1.56. The stock had a trading volume of 4,023 shares, compared to its average volume of 3,970. The firm has a 50 day simple moving average of $1.43 and a 200-day simple moving average of $1.98. SMA Solar Technology has a one year low of $1.22 and a one year high of $6.34.

About SMA Solar Technology

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.