SMA Solar Technology AG (OTCMKTS:SMTGY) Short Interest Down 44.7% in March

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

SMA Solar Technology Price Performance

SMTGY traded down $0.22 during trading on Friday, reaching $2.04. 763 shares of the company were exchanged, compared to its average volume of 4,894. The firm has a 50 day moving average of $1.75 and a 200 day moving average of $1.68. SMA Solar Technology has a 52 week low of $1.22 and a 52 week high of $5.75.

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.