Smartoptics Group AS (OTCMKTS:SMOPF) Short Interest Down 72.2% in August

Smartoptics Group AS (OTCMKTS:SMOPF) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 3,421 shares, a decrease of 72.2% from the July 30th total of 12,322 shares. Based on an average daily trading volume, of 10,087 shares, the days-to-cover ratio is currently 0.3 days.

Smartoptics Group AS Stock Performance

SMOPF stock traded down $0.13 during mid-day trading on Thursday, hitting $4.90. The company had a trading volume of 200 shares, compared to its average volume of 17,017. Smartoptics Group AS has a 12 month low of $4.20 and a 12 month high of $7.15. The stock’s fifty day moving average price is $4.94 and its two-hundred day moving average price is $4.07.

Smartoptics Group AS Company Profile

Smartoptics Group AS provides optical networking solutions and devices worldwide. Its products include flexible open line systems; multiplexers and OADMs; modular transponders and muxponders; optical transceivers; active and passive system products; and Sosmart software suites. The company also provides technical support, extended warranty, advance product replacement, complete and smart care, network design, staging and installation support, and training and education services. Its solutions are used in metro and regional network applications.