Ascent Solar Technologies, Inc. (NASDAQ:ASTI) Sees Significant Increase in Short Interest

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,000,000 shares, a growth of 51.0% from the March 31st total of 662,200 shares. Currently, 5.9% of the company’s shares are sold short. Based on an average trading volume of 1,190,000 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Ascent Solar Technologies

A hedge fund recently bought a new stake in Ascent Solar Technologies stock. Warberg Asset Management LLC purchased a new position in shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 20,000 shares of the company’s stock, valued at approximately $36,000. Warberg Asset Management LLC owned approximately 5.88% of Ascent Solar Technologies as of its most recent filing with the SEC. Institutional investors and hedge funds own 10.55% of the company’s stock.

Ascent Solar Technologies Price Performance

ASTI stock remained flat at $0.10 during trading on Friday. The company had a trading volume of 1,996,946 shares, compared to its average volume of 1,982,175. The stock has a 50 day moving average price of $0.34 and a 200-day moving average price of $0.68. Ascent Solar Technologies has a 1-year low of $0.09 and a 1-year high of $62.00.

About Ascent Solar Technologies

Ascent Solar Technologies, Inc, a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. It serves agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles.