SMA Solar Technology AG (OTCMKTS:SMTGY – Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 1,756 shares, an increase of 64.6% from the August 31st total of 1,067 shares. Based on an average daily volume of 409 shares, the short-interest ratio is currently 4.3 days.
SMA Solar Technology Stock Performance
Shares of SMA Solar Technology stock opened at $6.50 on Thursday. SMA Solar Technology has a 1 year low of $2.46 and a 1 year high of $8.44. The business has a 50 day moving average price of $6.56 and a 200 day moving average price of $6.30.
SMA Solar Technology Company Profile
SMA Solar Technology AG is a German energy technology company that develops and manufactures systems for converting, managing and storing electrical energy. Its core products include photovoltaic inverters, which convert electricity generated by solar panels into usable alternating current for homes, businesses and electricity grids.
The company also provides battery-storage solutions, energy-management systems, monitoring software and related services. Its product portfolio supports residential solar installations, commercial and industrial facilities, and large-scale solar power plants.
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