Ascent Solar Technologies Sees Large Drop in Short Interest (ASTI)
Ascent Solar Technologies (NASDAQ:ASTI) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 1,230,285 shares, a decline of 35.6% from the July 15th total of 1,911,550 shares, American Banking News reports. Approximately 2.9% of the shares of the company are sold short. Based on an average trading volume of 985,186 shares, the days-to-cover ratio is currently 1.2 days.
Ascent Solar Technologies (NASDAQ:ASTI) traded down 2.12% on Monday, hitting $0.30. 347,006 shares of the company’s stock traded hands. Ascent Solar Technologies has a one year low of $0.26 and a one year high of $1.16. The stock has a 50-day moving average of $0.37 and a 200-day moving average of $0.50. The company’s market cap is $23.7 million.
Ascent Solar Technologies, Inc (NASDAQ:ASTI) is a development stage company formed to commercialize flexible photovoltaic (PV) modules using a technology.
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