Ascent Solar Technologies (NASDAQ:ASTI) Trading Down 0.9% – Here’s What Happened

Shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) were down 0.9% during mid-day trading on Friday . The stock traded as low as $2.15 and last traded at $2.21. Approximately 9,912 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 45,359 shares. The stock had previously closed at $2.23.

Ascent Solar Technologies Trading Down 0.9 %

The stock’s 50-day simple moving average is $2.60 and its 200 day simple moving average is $2.98.

Institutional Investors Weigh In On Ascent Solar Technologies

An institutional investor recently bought a new position in Ascent Solar Technologies stock. Virtu Financial LLC purchased a new position in shares of Ascent Solar Technologies, Inc. (NASDAQ:ASTI) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 18,282 shares of the company’s stock, valued at approximately $60,000. Virtu Financial LLC owned approximately 1.39% of Ascent Solar Technologies as of its most recent filing with the SEC. Hedge funds and other institutional investors own 10.55% of the company’s stock.

About Ascent Solar Technologies

Ascent Solar Technologies, Inc, a solar technology company, engages in the manufacture and sale of photovoltaic solar modules in the United States. The company markets and sells its products through OEMs, system integrators, distributors, retailers, and value-added resellers. It serves agrivoltaics, aerospace, satellites, near earth orbiting vehicles, and fixed wing unmanned aerial vehicles.