Smartoptics Group AS (OTCMKTS:SMOPF) Sees Large Increase in Short Interest

Smartoptics Group AS (OTCMKTS:SMOPF) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 10,053 shares, an increase of ∞ from the April 15th total of 0 shares. Based on an average daily volume of 45,716 shares, the days-to-cover ratio is presently 0.2 days.

Smartoptics Group AS Trading Down 0.2%

Shares of OTCMKTS:SMOPF opened at $6.15 on Friday. The company’s fifty day moving average is $3.14 and its 200 day moving average is $2.30. Smartoptics Group AS has a 52 week low of $5.15 and a 52 week high of $6.75.

About Smartoptics Group AS

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.