SCHMID Group N.V. (NASDAQ:SHMD) Short Interest Update

SCHMID Group N.V. (NASDAQ:SHMD) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 1,393,562 shares, a growth of 37.0% from the January 15th total of 1,017,453 shares. Based on an average daily volume of 481,751 shares, the short-interest ratio is currently 2.9 days. Currently, 16.2% of the company’s shares are sold short. Currently, 16.2% of the company’s shares are sold short. Based on an average daily volume of 481,751 shares, the short-interest ratio is currently 2.9 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. lifted its position in SCHMID Group by 38.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 166,573 shares of the company’s stock valued at $461,000 after acquiring an additional 46,573 shares in the last quarter. Magnetar Financial LLC purchased a new stake in shares of SCHMID Group in the second quarter worth approximately $135,000. Jane Street Group LLC bought a new position in shares of SCHMID Group in the fourth quarter valued at approximately $106,000. HRT Financial LP purchased a new position in shares of SCHMID Group during the fourth quarter valued at approximately $130,000. Finally, Geode Capital Management LLC bought a new stake in SCHMID Group during the fourth quarter worth $156,000. 46.03% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of SCHMID Group to a “hold” rating in a research note on Saturday, November 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

SCHMID Group Price Performance

Shares of NASDAQ:SHMD traded down $1.14 during trading on Friday, reaching $7.55. 705,787 shares of the stock were exchanged, compared to its average volume of 430,747. The stock has a fifty day moving average of $7.31 and a two-hundred day moving average of $4.76. SCHMID Group has a 1-year low of $2.00 and a 1-year high of $10.65.

About SCHMID Group

Schmid Group AG is a global engineering and manufacturing company specializing in flexible packaging and barrier coating technologies for a range of industries. The company’s core offerings include turnkey coating, metallization and extrusion lamination lines designed to enhance the functional performance of films and substrates used in food, pharmaceutical and medical packaging applications. Schmid Group’s expertise also encompasses process engineering, product development and on-site support services, enabling clients to optimize production efficiency and sustainability in high-volume manufacturing environments.

In addition to its barrier technologies, Schmid Group provides modular solutions for thin-film coating, printing, slitting and winding, as well as machinery for flat glass finishing such as washing, sanding and patterning.