Ascent Solar Technologies, Inc. (NASDAQ:ASTI) Sees Significant Increase in Short Interest

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 112,500 shares, an increase of 84.4% from the March 15th total of 61,000 shares. Approximately 6.6% of the shares of the stock are short sold. Based on an average trading volume of 68,000 shares, the days-to-cover ratio is presently 1.7 days.

Ascent Solar Technologies Stock Down 5.1 %

NASDAQ ASTI traded down $0.07 during mid-day trading on Wednesday, hitting $1.37. The stock had a trading volume of 5,537 shares, compared to its average volume of 64,967. The firm’s 50 day moving average is $1.78 and its 200 day moving average is $2.38. Ascent Solar Technologies has a twelve month low of $1.17 and a twelve month high of $34.00.

Hedge Funds Weigh In On Ascent Solar Technologies

An institutional investor recently bought a new position in Ascent Solar Technologies stock. Virtu Financial LLC acquired a new stake in Ascent Solar Technologies, Inc. (NASDAQ:ASTI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 18,282 shares of the company’s stock, valued at approximately $60,000. Virtu Financial LLC owned about 1.39% of Ascent Solar Technologies at the end of the most recent quarter. Institutional investors own 10.55% of the company’s stock.

About Ascent Solar Technologies

Ascent Solar Technologies, Inc, a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. It serves agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles.