Schweiter Technologies AG (OTCMKTS:SCWTF) Sees Large Growth in Short Interest

Schweiter Technologies AG (OTCMKTS:SCWTF) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 300 shares, an increase of 50.0% from the December 15th total of 200 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 3.0 days.

Schweiter Technologies Stock Performance

Shares of OTCMKTS:SCWTF remained flat at $585.00 during trading on Friday. Schweiter Technologies has a 52-week low of $585.00 and a 52-week high of $585.00. The stock’s 50 day simple moving average is $585.00 and its two-hundred day simple moving average is $585.00.

About Schweiter Technologies

Schweiter Technologies AG, together with its subsidiaries, develops, produces, and sells composite materials and solutions in lightweight construction in Europe, the Americas, Asia, and internationally. The company provides extruded and cast plastic, lightweight panels, aluminum composite panels, core materials based on balsa wood, and PET foam.