Solarmax Technology, Inc. (NASDAQ:SMXT) Stock Short Interest Falls 41.6%

Posted by Stanley Muller on Sep 30th, 2026

Solarmax Technology, Inc. (NASDAQ:SMXT – Get Free Report) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 39,365 shares, a decrease of 41.6% from the August 31st total of 67,354 shares. Approximately 1.1% of the company’s stock are short sold. Based on an average daily trading volume, of 24,158 shares, the days-to-cover ratio is currently 1.6 days.

Solarmax Technology Price Performance

Shares of Solarmax Technology stock traded down $0.04 during trading on Wednesday, hitting $2.21. The stock had a trading volume of 1,463 shares, compared to its average volume of 64,214. The business has a fifty day moving average of $3.27 and a two-hundred day moving average of $5.26. Solarmax Technology has a fifty-two week low of $1.82 and a fifty-two week high of $15.24. The firm has a market cap of $10.50 million, a P/E ratio of -1.68 and a beta of 0.19.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Solarmax Technology in a research report on Friday, July 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Read Our Latest Stock Report on SMXT

Hedge Funds Weigh In On Solarmax Technology

An institutional investor recently raised its position in Solarmax Technology stock. Renaissance Technologies LLC increased its holdings in Solarmax Technology, Inc. (NASDAQ:SMXT – Free Report) by 45.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,483 shares of the company’s stock after purchasing an additional 18,000 shares during the quarter. Renaissance Technologies LLC owned 0.10% of Solarmax Technology worth $40,000 at the end of the most recent quarter.

Solarmax Technology Company Profile

(Get Free Report)

SolarMax Technology, Inc is a renewable-energy company that develops, sells and installs solar power systems for residential and commercial customers. Its offerings may include photovoltaic panels, related electrical equipment, energy-storage solutions and supporting services designed to help customers generate and manage electricity from solar power.

The company operates through business activities in the United States and China. In the U.S., SolarMax has focused on providing solar installation and related services, particularly in California and other markets where distributed solar generation is widely adopted.