Short Interest in SCHMID Group (NASDAQ:SHMD) Expands By 54.0%

SCHMID Group (NASDAQ:SHMD) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 75,900 shares, a growth of 54.0% from the November 30th total of 49,300 shares. Based on an average trading volume of 41,000 shares, the short-interest ratio is presently 1.9 days. Approximately 0.5% of the shares of the company are sold short.

SCHMID Group Stock Performance

Shares of SHMD stock traded down $0.17 during trading hours on Monday, reaching $2.97. The company had a trading volume of 49,304 shares, compared to its average volume of 44,617. The business has a fifty day moving average price of $2.81 and a 200-day moving average price of $3.59. SCHMID Group has a one year low of $1.98 and a one year high of $6.13.

SCHMID Group Company Profile

SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally. The company offers electronics equipment, ET board, vertical and horizontal wet process, vacuum metallization and tech, plating, chemical mechanical polishing, and automation system solutions; and systems and process solutions for manufacturing and processing photovoltaic products, such as wafers, cells, modules, and thin films, as well as turnkey production lines.