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

Smartoptics Group AS (OTCMKTS:SMOPF) was the recipient 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 trading volume of 10,087 shares, the short-interest ratio is currently 0.3 days.

Smartoptics Group AS Price Performance

OTCMKTS SMOPF opened at $4.83 on Friday. The company has a 50 day simple moving average of $4.92 and a 200-day simple moving average of $4.10. Smartoptics Group AS has a 52-week low of $4.20 and a 52-week high of $7.15.

Smartoptics Group AS Company Profile

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.