Smartoptics Group AS (OTCMKTS:SMOPF) Short Interest Up 1,006.2% in July

Smartoptics Group AS (OTCMKTS:SMOPF) was the target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 11,062 shares, an increase of 1,006.2% from the June 30th total of 1,000 shares. Based on an average trading volume of 9,347 shares, the days-to-cover ratio is presently 1.2 days.

Smartoptics Group AS Price Performance

OTCMKTS:SMOPF traded up $0.20 during mid-day trading on Friday, reaching $4.95. The stock had a trading volume of 2,646 shares, compared to its average volume of 21,422. Smartoptics Group AS has a twelve month low of $4.31 and a twelve month high of $7.15. The business has a 50 day simple moving average of $5.44 and a 200 day simple moving average of $3.56.

About Smartoptics Group AS

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.