SMA Solar Technology AG (OTCMKTS:SMTGY) Short Interest Update

SMA Solar Technology AG (OTCMKTS:SMTGY) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 14,520 shares, a drop of 18.4% from the November 30th total of 17,796 shares. Based on an average daily trading volume, of 4,512 shares, the short-interest ratio is presently 3.2 days. Based on an average daily trading volume, of 4,512 shares, the short-interest ratio is presently 3.2 days.

SMA Solar Technology Stock Up 4.8%

SMTGY stock opened at $4.07 on Friday. SMA Solar Technology has a 52 week low of $1.27 and a 52 week high of $4.41. The business has a 50-day simple moving average of $3.69 and a 200 day simple moving average of $2.88.

SMA Solar Technology Company Profile

SMA Solar Technology AG (OTCMKTS: SMTGY) is a Germany-based provider of solar power equipment and energy management solutions. The company specializes in the development, manufacture and sale of photovoltaic (PV) inverters, which convert direct current generated by solar panels into alternating current suitable for residential, commercial and utility-scale applications. SMA’s product lineup also extends to hybrid inverters, battery inverters, and complete energy storage systems, enabling customers to integrate renewable energy sources, storage and consumption under a single platform.

In addition to inverters, SMA offers digital monitoring and management software that allows operators to optimize system performance, troubleshoot faults and analyze energy yields in real time.