SCHMID Group N.V. (NASDAQ:SHMD) Short Interest Update

SCHMID Group N.V. (NASDAQ:SHMD) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 1,711,402 shares, an increase of 30.2% from the February 26th total of 1,314,401 shares. Based on an average daily trading volume, of 1,411,638 shares, the short-interest ratio is presently 1.2 days. Approximately 3.6% of the shares of the stock are short sold.

Institutional Trading of SCHMID Group

A number of hedge funds and other institutional investors have recently modified their holdings of SHMD. XTX Topco Ltd bought a new position in SCHMID Group in the 4th quarter worth approximately $137,000. Jane Street Group LLC bought a new position in SCHMID Group in the 4th quarter valued at $106,000. HRT Financial LP acquired a new stake in shares of SCHMID Group in the 4th quarter valued at $130,000. Geode Capital Management LLC acquired a new stake in shares of SCHMID Group in the 4th quarter valued at $156,000. Finally, Pekin Hardy Strauss Inc. bought a new stake in shares of SCHMID Group during the fourth quarter worth $359,000. Institutional investors and hedge funds own 46.03% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wall Street Zen lowered shares of SCHMID Group from a “hold” rating to a “sell” rating in a research report on Saturday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SCHMID Group in a report on Tuesday, February 17th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

SCHMID Group Stock Performance

Shares of SCHMID Group stock traded down $0.25 during trading on Tuesday, reaching $5.23. The company’s stock had a trading volume of 684,085 shares, compared to its average volume of 653,718. The stock has a 50-day moving average price of $7.68 and a two-hundred day moving average price of $5.71. SCHMID Group has a one year low of $2.00 and a one year high of $10.65.

SCHMID Group (NASDAQ:SHMD) last issued its quarterly earnings data on Friday, February 13th. The company reported ($1.02) EPS for the quarter. The business had revenue of $15.71 million for the quarter.

SCHMID Group Company Profile

Schmid Group AG is a global engineering and manufacturing company specializing in flexible packaging and barrier coating technologies for a range of industries. The company’s core offerings include turnkey coating, metallization and extrusion lamination lines designed to enhance the functional performance of films and substrates used in food, pharmaceutical and medical packaging applications. Schmid Group’s expertise also encompasses process engineering, product development and on-site support services, enabling clients to optimize production efficiency and sustainability in high-volume manufacturing environments.

In addition to its barrier technologies, Schmid Group provides modular solutions for thin-film coating, printing, slitting and winding, as well as machinery for flat glass finishing such as washing, sanding and patterning.