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

SCHMID Group N.V. (NASDAQ:SHMD) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 1,017,453 shares, an increase of 75.3% from the December 31st total of 580,328 shares. Based on an average daily trading volume, of 512,270 shares, the days-to-cover ratio is presently 2.0 days. Approximately 11.8% of the shares of the stock are short sold. Approximately 11.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 512,270 shares, the days-to-cover ratio is presently 2.0 days.

SCHMID Group Stock Up 1.8%

Shares of SHMD stock opened at $9.02 on Friday. The stock has a fifty day moving average price of $6.35 and a 200 day moving average price of $4.29. SCHMID Group has a 1 year low of $1.90 and a 1 year high of $9.98.

Institutional Investors Weigh In On SCHMID Group

Large investors have recently added to or reduced their stakes in the business. FNY Investment Advisers LLC acquired a new position in SCHMID Group during the fourth quarter worth about $31,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in shares of SCHMID Group during the 3rd quarter worth approximately $40,000. Magnetar Financial LLC acquired a new position in shares of SCHMID Group during the 2nd quarter worth approximately $135,000. Pekin Hardy Strauss Inc. purchased a new stake in SCHMID Group in the 4th quarter valued at approximately $359,000. Finally, Envestnet Asset Management Inc. grew its holdings in SCHMID Group by 38.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 166,573 shares of the company’s stock valued at $461,000 after buying an additional 46,573 shares during the last quarter. 46.03% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised SCHMID Group to a “hold” rating in a report on Saturday, November 22nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.

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.