Short Interest in SMA Solar Technology AG (OTCMKTS:SMTGF) Drops By 32.8%

SMA Solar Technology AG (OTCMKTS:SMTGF) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 140,400 shares, a decrease of 32.8% from the December 31st total of 208,900 shares. Based on an average daily volume of 200 shares, the short-interest ratio is presently 702.0 days.

SMA Solar Technology Stock Performance

Shares of SMA Solar Technology stock opened at $15.00 on Thursday. The stock has a 50 day moving average price of $14.46 and a 200-day moving average price of $19.49. SMA Solar Technology has a one year low of $12.73 and a one year high of $63.84.

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.