SMA Solar Technology AG (OTCMKTS:SMTGY) Short Interest Down 71.4% in March

SMA Solar Technology AG (OTCMKTS:SMTGY) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a decrease of 71.4% from the February 29th total of 700 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 2.0 days.

SMA Solar Technology Price Performance

OTCMKTS SMTGY remained flat at $6.22 on Thursday. The company’s stock had a trading volume of 109 shares, compared to its average volume of 1,291. SMA Solar Technology has a 52-week low of $4.96 and a 52-week high of $12.16. The firm’s 50-day moving average is $5.72 and its 200-day moving average is $6.13.

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.