Short Interest in Smartoptics Group AS (OTCMKTS:SMOPF) Declines By 64.4%

Smartoptics Group AS (OTCMKTS:SMOPF) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,282 shares, a decline of 64.4% from the May 14th total of 3,597 shares. Based on an average daily trading volume, of 39,495 shares, the days-to-cover ratio is presently 0.0 days.

Smartoptics Group AS Stock Up 4.3%

OTCMKTS:SMOPF opened at $5.55 on Friday. The company has a 50-day moving average of $4.85 and a 200 day moving average of $2.90. Smartoptics Group AS has a 1-year low of $5.03 and a 1-year high of $7.15.

Smartoptics Group AS Company Profile

Smartoptics Group AS provides optical networking solutions and devices worldwide. Its products include flexible open line systems; multiplexers and OADMs; modular transponders and muxponders; optical transceivers; active and passive system products; and Sosmart software suites. The company also provides technical support, extended warranty, advance product replacement, complete and smart care, network design, staging and installation support, and training and education services. Its solutions are used in metro and regional network applications.