Short Interest in SMA Solar Technology AG (OTCMKTS:SMTGY) Drops By 44.7%

SMA Solar Technology AG (OTCMKTS:SMTGY) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 12,100 shares, a decline of 44.7% from the February 28th total of 21,900 shares. Based on an average trading volume of 14,300 shares, the short-interest ratio is currently 0.8 days.

SMA Solar Technology Trading Down 2.0 %

OTCMKTS:SMTGY opened at $2.00 on Friday. The stock has a 50-day moving average price of $1.76 and a 200 day moving average price of $1.67. SMA Solar Technology has a 12-month low of $1.22 and a 12-month high of $5.75.

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.