Smartoptics Group AS (OTCMKTS:SMOPF) Short Interest Down 72.2% in August

Smartoptics Group AS (OTCMKTS:SMOPF – Get Free Report) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 3,421 shares, a decrease of 72.2% from the July 30th total of 12,322 shares. Based on an average daily volume of 10,087 shares, the days-to-cover ratio is currently 0.3 days.

Smartoptics Group AS Trading Down 2.6%

OTCMKTS:SMOPF traded down $0.13 during mid-day trading on Thursday, hitting $4.90. 200 shares of the company’s stock were exchanged, compared to its average volume of 17,017. Smartoptics Group AS has a one year low of $4.20 and a one year high of $7.15. The business has a fifty day moving average price of $4.94 and a 200 day moving average price of $4.07.

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About Smartoptics Group AS

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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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