Smartoptics Group AS (OTCMKTS:SMOPF) Sees Significant Growth in Short Interest

Smartoptics Group AS (OTCMKTS:SMOPF – Get Free Report) was the target of a large growth in short interest in the month of 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 trading volume of 6,839 shares, the short-interest ratio is currently 0.1 days.

Smartoptics Group AS Price Performance

Shares of SMOPF stock remained flat at $4.87 during trading hours on Friday. The stock’s 50-day simple moving average is $5.71 and its 200 day simple moving average is $3.36. Smartoptics Group AS has a one year low of $4.62 and a one year high of $7.15.

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Smartoptics Group AS Company Profile

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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.

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