SCHMID Group (NASDAQ:SHMD) Short Interest Update

SCHMID Group (NASDAQ:SHMD) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 75,900 shares, an increase of 54.0% from the November 30th total of 49,300 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 41,000 shares, the short-interest ratio is currently 1.9 days.

SCHMID Group Stock Down 5.4 %

NASDAQ SHMD traded down $0.17 during trading hours on Monday, reaching $2.97. 49,304 shares of the company’s stock were exchanged, compared to its average volume of 44,617. The firm has a fifty day moving average of $2.81 and a 200-day moving average of $3.59. SCHMID Group has a one year low of $1.98 and a one year high of $6.13.

About SCHMID Group

SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally. The company offers electronics equipment, ET board, vertical and horizontal wet process, vacuum metallization and tech, plating, chemical mechanical polishing, and automation system solutions; and systems and process solutions for manufacturing and processing photovoltaic products, such as wafers, cells, modules, and thin films, as well as turnkey production lines.