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 decline in short interest in March. As of March 15th, there was short interest totalling 200 shares, a decline of 71.4% from the February 29th total of 700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 2.0 days.

SMA Solar Technology Stock Performance

SMTGY remained flat at $6.22 during midday trading on Thursday. The company’s stock had a trading volume of 109 shares, compared to its average volume of 1,291. The stock has a 50 day moving average of $5.72 and a two-hundred day moving average of $6.13. SMA Solar Technology has a 1 year low of $4.96 and a 1 year high of $12.16.

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.