Short Interest in SCHMID Group (NASDAQ:SHMD) Declines By 19.0%

SCHMID Group (NASDAQ:SHMD) saw a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 85,000 shares, a decrease of 19.0% from the August 31st total of 104,900 shares. Based on an average trading volume of 40,000 shares, the short-interest ratio is presently 2.1 days. Currently, 0.6% of the company’s stock are sold short.

SCHMID Group Stock Down 10.2 %

NASDAQ:SHMD traded down $0.38 during midday trading on Friday, reaching $3.36. 64,782 shares of the stock traded hands, compared to its average volume of 24,452. SCHMID Group has a 12-month low of $2.69 and a 12-month high of $6.13. The firm has a 50-day moving average price of $3.99.

About SCHMID Group

Pegasus Digital Mobility Acquisition Corp. is a blank check company. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more businesses. Pegasus Digital Mobility Acquisition Corp. is based in George Town, Cayman Islands.