SMA Solar Technology AG (OTCMKTS:SMTGY) Sees Significant Decline in Short Interest

SMA Solar Technology AG (OTCMKTS:SMTGY) saw a large decrease in short interest in April. As of April 15th, there was short interest totalling 400 shares, a decrease of 50.0% from the March 31st total of 800 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 0.5 days.

SMA Solar Technology Price Performance

OTCMKTS:SMTGY remained flat at $5.11 during mid-day trading on Friday. SMA Solar Technology has a 12-month low of $4.63 and a 12-month high of $11.78. The stock’s 50 day simple moving average is $5.73 and its 200-day simple moving average is $5.91.

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.