Short Interest in SCHMID Group (NASDAQ:SHMD) Expands By 54.0%

SCHMID Group (NASDAQ:SHMD) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totalling 75,900 shares, a growth of 54.0% from the November 30th total of 49,300 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 41,000 shares, the short-interest ratio is currently 1.9 days.

SCHMID Group Stock Performance

SHMD traded down $0.17 during midday trading on Monday, reaching $2.97. The company had a trading volume of 49,304 shares, compared to its average volume of 44,617. The business has a 50-day moving average of $2.81 and a two-hundred day moving average of $3.59. SCHMID Group has a 1 year low of $1.98 and a 1 year high of $6.13.

About SCHMID Group

SCHMID Group N.V. develops and manufactures equipment and process solutions for electronics, photovoltaics, glass, and energy systems in Germany and internationally. The company offers electronics equipment, ET board, vertical and horizontal wet process, vacuum metallization and tech, plating, chemical mechanical polishing, and automation system solutions; and systems and process solutions for manufacturing and processing photovoltaic products, such as wafers, cells, modules, and thin films, as well as turnkey production lines.