SMA Solar Technology AG (OTCMKTS:SMTGY) Sees Large Drop in Short Interest

SMA Solar Technology AG (OTCMKTS:SMTGY) saw a significant drop in short interest in July. As of July 15th, there was short interest totalling 1,200 shares, a drop of 87.4% from the June 30th total of 9,500 shares. Based on an average daily trading volume, of 4,600 shares, the short-interest ratio is presently 0.3 days.

SMA Solar Technology Stock Performance

Shares of SMTGY traded up $0.05 on Friday, reaching $2.73. The stock had a trading volume of 4,411 shares, compared to its average volume of 2,000. The firm has a 50-day moving average of $3.87 and a 200 day moving average of $4.97. SMA Solar Technology has a twelve month low of $2.54 and a twelve month high of $9.10.

SMA Solar Technology Announces Dividend

The company also recently declared a dividend, which was paid on Monday, June 17th. Stockholders of record on Thursday, May 30th were given a $0.0349 dividend. The ex-dividend date of this dividend was Thursday, May 30th.

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.