SCHMID Group (NASDAQ:SHMD) Short Interest Down 23.9% in November

SCHMID Group (NASDAQ:SHMD) was the target of a significant decrease in short interest in the month of November. As of November 15th, there was short interest totalling 21,300 shares, a decrease of 23.9% from the October 31st total of 28,000 shares. Based on an average daily volume of 31,600 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the company are sold short.

SCHMID Group Stock Down 0.9 %

Shares of SHMD traded down $0.02 during mid-day trading on Friday, reaching $2.30. The company had a trading volume of 28,736 shares, compared to its average volume of 36,062. The stock has a 50 day moving average of $2.98 and a two-hundred day moving average of $3.76. SCHMID Group has a 52-week low of $2.18 and a 52-week high of $6.13.

SCHMID Group Company Profile

SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally. The company offers electronics equipment, ET board, vertical and horizontal wet process, vacuum metallization and tech, plating, chemical mechanical polishing, and automation system solutions; and systems and process solutions for manufacturing and processing photovoltaic products, such as wafers, cells, modules, and thin films, as well as turnkey production lines.