Smartoptics Group AS (OTCMKTS:SMOPF – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,600 shares, a drop of 48.7% from the August 31st total of 3,121 shares. Based on an average daily volume of 8,004 shares, the short-interest ratio is presently 0.2 days.
Smartoptics Group AS Stock Performance
OTCMKTS:SMOPF traded up $0.20 on Wednesday, hitting $5.40. The stock had a trading volume of 1,036 shares, compared to its average volume of 14,641. The company has a fifty day moving average price of $4.98 and a two-hundred day moving average price of $4.61. Smartoptics Group AS has a 1-year low of $4.20 and a 1-year high of $7.15.
About Smartoptics Group AS
Smartoptics Group AS is a Norway-based technology company that develops and supplies optical networking solutions for data centers, telecommunications operators, internet service providers and enterprise networks. Its offerings are designed to help customers build scalable, high-capacity networks using open and interoperable technologies.
The company’s product portfolio includes optical transceivers, coherent optics, open line systems, data center interconnect solutions, optical networking platforms and related software.
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