Short Interest in Meyer Burger Technology AG (OTCMKTS:MYBUF) Drops By 14.4%

Meyer Burger Technology AG (OTCMKTS:MYBUF) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 152,200 shares, a decline of 14.4% from the November 30th total of 177,700 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is currently 117.1 days.

Meyer Burger Technology Stock Performance

OTCMKTS:MYBUF traded down $0.09 during mid-day trading on Tuesday, hitting $1.99. The company’s stock had a trading volume of 16 shares, compared to its average volume of 662. Meyer Burger Technology has a fifty-two week low of $0.33 and a fifty-two week high of $177.38. The stock has a fifty day moving average of $1.48 and a 200-day moving average of $2.57.

Meyer Burger Technology Company Profile

Meyer Burger Technology AG, a technology company, produces and sells solar cells and modules. The company operates through Modules, Photovoltaics, and Specialized Technologies segments. It offers the products based on proprietary Heterojunction/SmartWire technologies. In addition, the company provides balcony power plants and solar roof tiles.