Short Interest in SMA Solar Technology AG (OTCMKTS:SMTGY) Decreases By 97.7%

SMA Solar Technology AG (OTCMKTS:SMTGY – Get Rating) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 100 shares, a decline of 97.7% from the April 30th total of 4,400 shares. Based on an average daily trading volume, of 9,200 shares, the short-interest ratio is presently 0.0 days.

SMA Solar Technology Stock Performance

SMTGY stock remained flat at $10.90 during midday trading on Friday. 734 shares of the company’s stock traded hands, compared to its average volume of 2,243. SMA Solar Technology has a 12-month low of $3.85 and a 12-month high of $12.16. The business has a fifty day moving average price of $10.61 and a two-hundred day moving average price of $8.55.

About SMA Solar Technology

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SMA Solar Technology AG engages in the development, production and sale of solar inverters and monitoring systems for solar power systems. It operates its business through the following segments: Residential, Commercial, Utility, Storage, and Digital Energy. The Residential segment caters to global markets for small photovoltaic (PV) systems with and without connection to a smart home solution.