Smartoptics Group AS (OTCMKTS:SMOPF) Short Interest Up 1,006.2% in July

Smartoptics Group AS (OTCMKTS:SMOPF) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 11,062 shares, an increase of 1,006.2% from the June 30th total of 1,000 shares. Based on an average daily volume of 9,347 shares, the days-to-cover ratio is currently 1.2 days.

Smartoptics Group AS Trading Up 4.2%

Shares of SMOPF stock opened at $4.95 on Friday. Smartoptics Group AS has a 12 month low of $4.31 and a 12 month high of $7.15. The business’s 50 day moving average is $5.44 and its two-hundred day moving average is $3.56.

About Smartoptics Group AS

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.