Smartoptics Group AS (OTCMKTS:SMOPF) Short Interest Down 99.7% in June

Smartoptics Group AS (OTCMKTS:SMOPF) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 4 shares, a drop of 99.7% from the May 31st total of 1,282 shares. Based on an average daily trading volume, of 36,767 shares, the short-interest ratio is presently 0.0 days.

Smartoptics Group AS Stock Performance

SMOPF stock traded down $0.19 during mid-day trading on Friday, hitting $4.92. The company had a trading volume of 2,971 shares, compared to its average volume of 25,806. Smartoptics Group AS has a 12 month low of $4.92 and a 12 month high of $7.15. The stock’s fifty day moving average price is $5.48 and its two-hundred day moving average price is $3.13.

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.