Short Interest in Ascent Solar Technologies, Inc. (NASDAQ:ASTI) Drops By 29.1%

Ascent Solar Technologies, Inc. (NASDAQ:ASTI) saw a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 79,800 shares, a decline of 29.1% from the March 31st total of 112,500 shares. Based on an average daily volume of 61,300 shares, the days-to-cover ratio is currently 1.3 days. Currently, 4.7% of the shares of the stock are sold short.

Ascent Solar Technologies Stock Up 0.8 %

Shares of ASTI opened at $1.67 on Thursday. Ascent Solar Technologies has a 52-week low of $1.17 and a 52-week high of $34.00. The firm’s fifty day moving average is $1.62 and its two-hundred day moving average is $2.30.

Institutional Investors Weigh In On Ascent Solar Technologies

An institutional investor recently bought a new position in Ascent Solar Technologies stock. Renaissance Technologies LLC bought a new position in shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 15,500 shares of the company’s stock, valued at approximately $51,000. Renaissance Technologies LLC owned about 1.17% of Ascent Solar Technologies as of its most recent SEC filing. Institutional investors own 10.55% of the company’s stock.

Ascent Solar Technologies Company Profile

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.