Smartoptics Group AS (OTCMKTS:SMOPF) Short Interest Up 24,900.0% in June

Smartoptics Group AS (OTCMKTS:SMOPF) was the recipient of a large growth in short interest in June. As of June 30th, there was short interest totaling 1,000 shares, a growth of 24,900.0% from the June 15th total of 4 shares. Based on an average daily volume of 6,839 shares, the days-to-cover ratio is presently 0.1 days.

Smartoptics Group AS Stock Performance

Shares of Smartoptics Group AS stock remained flat at $4.87 during trading on Friday. The stock had a trading volume of 350 shares, compared to its average volume of 22,780. The business has a 50 day simple moving average of $5.72 and a two-hundred day simple moving average of $3.35. Smartoptics Group AS has a 12-month low of $4.62 and a 12-month high of $7.15.

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.