Short Interest in SMA Solar Technology AG (OTCMKTS:SMTGY) Drops By 90.2%

SMA Solar Technology AG (OTCMKTS:SMTGY) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 800 shares, a decrease of 90.2% from the March 31st total of 8,200 shares. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is presently 0.6 days.

SMA Solar Technology Price Performance

Shares of OTCMKTS:SMTGY opened at $1.63 on Monday. SMA Solar Technology has a 12 month low of $1.22 and a 12 month high of $5.66. The company has a 50-day moving average price of $1.77 and a 200 day moving average price of $1.59.

About SMA Solar Technology

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.