Smartoptics Group AS (OTCMKTS:SMOPF) Sees Significant Decrease in Short Interest

Smartoptics Group AS (OTCMKTS:SMOPF – Get Free Report) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,600 shares, a decrease of 48.7% from the August 31st total of 3,121 shares. Based on an average daily volume of 8,004 shares, the days-to-cover ratio is currently 0.2 days.

Smartoptics Group AS Stock Up 3.7%

Shares of OTCMKTS:SMOPF opened at $5.40 on Thursday. The business has a 50-day moving average of $4.99 and a two-hundred day moving average of $4.63. Smartoptics Group AS has a fifty-two week low of $4.20 and a fifty-two week high of $7.15.

Smartoptics Group AS Company Profile

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Smartoptics Group AS is a Norway-based technology company that develops and supplies optical networking solutions for data centers, telecommunications operators, internet service providers and enterprise networks. Its offerings are designed to help customers build scalable, high-capacity networks using open and interoperable technologies.

The company’s product portfolio includes optical transceivers, coherent optics, open line systems, data center interconnect solutions, optical networking platforms and related software.

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