SMA Solar Technology AG (OTCMKTS:SMTGY) Short Interest Down 44.7% in March

SMA Solar Technology AG (OTCMKTS:SMTGY) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 12,100 shares, a drop of 44.7% from the February 28th total of 21,900 shares. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is currently 0.8 days.

SMA Solar Technology Stock Down 2.0 %

OTCMKTS:SMTGY opened at $2.00 on Friday. The business has a 50 day simple moving average of $1.76 and a 200-day simple moving average of $1.67. SMA Solar Technology has a 1 year low of $1.22 and a 1 year high of $5.75.

About SMA Solar Technology

SMA Solar Technology AG, together with its subsidiaries, engages in development, production, and sale of PV and battery inverters, transformers, chokes, monitoring systems for PV systems, and charging solutions for electric vehicles in Germany and internationally. It operates through Home Solutions, Commercial and Industrial Solutions, and Large Scale and Project Solutions segments.