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

Smartoptics Group AS (OTCMKTS:SMOPF) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 4 shares, a decline of 99.7% from the May 31st total of 1,282 shares. Based on an average trading volume of 36,767 shares, the short-interest ratio is presently 0.0 days.

Smartoptics Group AS Stock Up 0.6%

OTCMKTS SMOPF traded up $0.03 during trading hours on Friday, reaching $5.15. 5,221 shares of the company’s stock were exchanged, compared to its average volume of 25,900. Smartoptics Group AS has a one year low of $4.70 and a one year high of $7.15. The firm has a fifty day moving average of $5.55 and a 200-day moving average of $3.14.

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.