SMA Solar Technology AG (OTCMKTS:SMTGY – Get Free Report) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 1,076 shares, a decline of 38.7% from the September 15th total of 1,756 shares. Based on an average daily trading volume, of 961 shares, the days-to-cover ratio is presently 1.1 days.
SMA Solar Technology Price Performance
Shares of SMTGY opened at $6.38 on Friday. The company has a 50-day simple moving average of $6.62 and a 200-day simple moving average of $6.48. SMA Solar Technology has a 52 week low of $2.54 and a 52 week high of $8.44.
SMA Solar Technology Company Profile
SMA Solar Technology AG is a Germany-based technology company that develops and manufactures systems for the generation, storage and management of renewable energy. The company is best known for its photovoltaic inverters, which convert electricity generated by solar panels into a form that can be used by homes, businesses and power grids.
Its product portfolio includes residential, commercial and utility-scale solar inverters, battery-storage solutions, energy management systems and related monitoring and control software.
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